That describe this phenonema as a series of buckets partly filled with water and 20 guys sloshing water from one bucket to another and as long as the buckets are moving no one really knows how much water there is. It should have collapsed in the 80's I was surprised it didnt during the S&L's. There is a boat load of bad loans fictionally being carried as good. I think if we melt completely, bottom feeders would come out and we would start again but at a much lower level.
thanx,
bill