Sunday, January 20, 2008

Jim Cramer - Market Meltdown

It's been a while since we placed a post on the markets so we made sure it would be like Fox News, fair and balanced.

Jim Cramer is going mad in this CNBC clip from late summer last year.

He claims Bernanke has no idea what it's like out there the reality of Greenspan putting teaser rates out only to raise the rates 17 times. They're nuts, they know nothing is Jim's feeling here.

Jim feels the teaser rates or piggy back rates will cause 7m to lose their homes...

No comments: