Comments on: Crack of Doom: the Joy of Stress http://housingdoom.com/2009/04/27/crack-of-doom-the-joy-of-stress/ Sat, 11 Feb 2012 07:12:54 +0000 hourly 1 http://wordpress.org/?v= By: mtnmike http://housingdoom.com/2009/04/27/crack-of-doom-the-joy-of-stress/#comment-16461 mtnmike Mon, 27 Apr 2009 16:33:00 +0000 http://housingdoom.com/?p=2393#comment-16461 The stress test was ridiculous and unnecessary when at the same time the treasury admitted that it would "assist" any bank that didn't pass. John, you and I have had the conversation of compounding interest being a long term mathematical show stopper for a slow or no-growth economy. Creating the need for additional compounding interest as a means to curtail a problem that was created in large by compounding interest, is to put it mildly; insane. The stress test was ridiculous and unnecessary when at the same time the treasury admitted that it would “assist” any bank that didn’t pass.

John, you and I have had the conversation of compounding interest being a long term mathematical show stopper for a slow or no-growth economy.

Creating the need for additional compounding interest as a means to curtail a problem that was created in large by compounding interest, is to put it mildly; insane.

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