After two years and a missed opportunity it looks like we might get a second shot at the Swedish model. This is a superb discussion regarding the current banking crisis and the mortgage fallout. Barry Ritholtz raises the prospects of the solution I was in favor of at the time – the Swedish model. It’s never too late for a Swedish model:
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.