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Cramer flips out on live TV over bursting housing bubble (video) - "We have Armageddon"
This Link is located in the Public Channel Housing Bubble and Bear Links.
Posted by ian 1 year 158 days ago (www.youtube.com).  Views: 765
Tags: housing bubble  wall street  jim cramer  bernanke
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Cramer COMPLETELY flips out live on CNBC - screaming for Fed chief Bernanke to cut interest rates. He's correct, but why didn't he predict the bursting housing bubble? This whole thing took him by surprise - which is why he's flipping out. "We have Armageddon..." The MyProps Housing Bubble channel was created 116 days ago - he should have been reading it and taking notes. :)
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ian said
1 year 158 days ago
 
In case you don't know what Cramer is talking about when he refers to Bear Stearns comments:

http://www.myprops.org/content/Bear-Stearns-CFO-Bond-turmoil-extreme-D...

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