2008-03-16 – CALCALIST – The Collapse Is Closer Than Ever
Summary: Following the collapse of Bear Stearns, this commentary by Mike explains the background for the collapse of Bear Stearns and predicts a major market collapse will happen unless aggressive steps will be taken by the U.S. government to stabilize the financial system. He specifically cites the collapse of the Northern Rock bank in the U.K. as an example of the correct course of action.
[PDF/Hebrew] Read the full article in Hebrew
[PDF/English] Read the full article in English
