The current subprime problems and talk of US going in to a recession make you understand why Dr Greenspan warn the US economy is going into a recession early this year. He was criticise back then for making such a comment and I guess they should not under estimate him as he knows what he's talking about.
I agree the subprime problems are yet to fully expose and soon we'll see a hedge fund or bank go belly up and no market will immune to the fall. So always buy insurance to protect ya holdings.
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