It is not easy for journalsts covering the sub-prime mortgage crisis in the US to tell it like it is, as the truth is so bad that, if it is clearly spelled out, it only causes the panic to get worse. You therefore have to read between the lines. I blogged before HERE stating that official estimates of the size of the sub-prime losses look to be on the cautious side.
Posted on The Tap Blog.
Saturday, 15 March 2008
Will China Save The US Economy?








