We have had A LOT of discussion and debate on this forum with regard to a multitude of issues relating to the subprime crisis and credit market illiquidity. Go to this website, on the right side of the screen you will see "Chan of JPMorgan sees subprime lasting 'Quite Some Time' " click on that. The video is about 22 minutes long, but it is an interview with one of JPMorgan's chief economist of private client services, Anthony Chan. This guy addresses everything from inflation to recession to the subprime crisis to the credit crunch to the devaluation of the Dollar to the Chinese Yuan. I found this to be absolutely compelling:
http://www.investorguide.com/browse2.cgi?id=17087
Good Stuff!! :beer