I started this blog in June 2007 asking these questions: Are we in a massive asset bubble that will blow up in our faces ??? - ANSWERED YES ! Is western and particularly British society on the verge of social collapse??? What are the best common sense long term investment strategies to keep you rich? When will consumption/debt bubble economics end and a real savings/production economy begin ???

Thursday, 2 October 2008

Highly leveraged hedge funds are blowing up

The Lehman Brothers bankruptcy was like a silent underwater depth charge exploding in a sea of hedge fud companies. Judging from the FT account above and from the volatility in global markets, it is only a matter of time before the dead bodies start floating to the surface.


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