I have been a participant in the financial markets for seven years, dealing in commodities, stocks, and forex at different times. Since 2003 I’ve been growing more and more pessimistic about the mortgage market, and since August 2007 my anticipation has been for a global recession. I believe today’s crisis still has a long way to go, and expect it to peak during some sort of geopolitical development.
I don’t live in the US, as my expectations for the next decade are a bit too pessimistic to allow me to enjoy a peaceful life there. Still, my heart remains in America, as I believe that the American model, with all its failures, is the most powerful and inspirational in today’s world.
I’m married, with no children – yet.
Have you heard any more about First Covenant Bank in Georgia?
I don’t have any more information about them right now, but I’ll try to post about them when I have time.