E-MAIL THIS LINK
To: 

The Man Who Called the Financial Crisis - 70 Years Earlier WSJ
Mr. Palyi was fond of saying that "sooner or later, too much credit always turns into a giant debit as borrowers crumple under the burden of escalating interest payments." That's a warning this entire country would do well to heed.


Posted by: Besoeker 2010-11-07
http://www.rantburg.com/poparticle.php?ID=309228