Home › Forums › Financial Markets/Economics › If you aren’t pissed off you aren’t paying attention!
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capeman.
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July 24, 2008 at 2:21 PM #13406July 24, 2008 at 2:54 PM #246217
renterclint
ParticipantWe’re in so deep, I don’t think our grandkids will get the bill… But props to China for financing the deficit spending.
July 24, 2008 at 2:54 PM #246367ParticipantWe’re in so deep, I don’t think our grandkids will get the bill… But props to China for financing the deficit spending.
July 24, 2008 at 2:54 PM #246373ParticipantWe’re in so deep, I don’t think our grandkids will get the bill… But props to China for financing the deficit spending.
July 24, 2008 at 2:54 PM #246429ParticipantWe’re in so deep, I don’t think our grandkids will get the bill… But props to China for financing the deficit spending.
July 24, 2008 at 2:54 PM #246435ParticipantWe’re in so deep, I don’t think our grandkids will get the bill… But props to China for financing the deficit spending.
July 25, 2008 at 8:07 AM #246971
barnaby33ParticipantIf it were only China. Debt must either be defaulted or paid back. I think most people understand that we will eventually start defaulting on our debt. For those who prefer not to think about it, well there is always hope!
As to the matter at hand, this is a very serious problem, one for which the govt has no real solution; except to keep the drunken party going. To me this is worse than the mistakes we’ve made in Iraq by far. Fannie and Freddie are toast and we are all going to be on the hook for the bill. It just puts home ownership even more out of reach for hard working savers, by attempting to keep the mortgage market dysfunctional.
As I said over on Jim’s blog a week or two ago. This recession was baked into the cake when the fraudulent loans were inked.
July 25, 2008 at 8:07 AM #246976barnaby33ParticipantIf it were only China. Debt must either be defaulted or paid back. I think most people understand that we will eventually start defaulting on our debt. For those who prefer not to think about it, well there is always hope!
As to the matter at hand, this is a very serious problem, one for which the govt has no real solution; except to keep the drunken party going. To me this is worse than the mistakes we’ve made in Iraq by far. Fannie and Freddie are toast and we are all going to be on the hook for the bill. It just puts home ownership even more out of reach for hard working savers, by attempting to keep the mortgage market dysfunctional.
As I said over on Jim’s blog a week or two ago. This recession was baked into the cake when the fraudulent loans were inked.
July 25, 2008 at 8:07 AM #246913barnaby33ParticipantIf it were only China. Debt must either be defaulted or paid back. I think most people understand that we will eventually start defaulting on our debt. For those who prefer not to think about it, well there is always hope!
As to the matter at hand, this is a very serious problem, one for which the govt has no real solution; except to keep the drunken party going. To me this is worse than the mistakes we’ve made in Iraq by far. Fannie and Freddie are toast and we are all going to be on the hook for the bill. It just puts home ownership even more out of reach for hard working savers, by attempting to keep the mortgage market dysfunctional.
As I said over on Jim’s blog a week or two ago. This recession was baked into the cake when the fraudulent loans were inked.
July 25, 2008 at 8:07 AM #246907barnaby33ParticipantIf it were only China. Debt must either be defaulted or paid back. I think most people understand that we will eventually start defaulting on our debt. For those who prefer not to think about it, well there is always hope!
As to the matter at hand, this is a very serious problem, one for which the govt has no real solution; except to keep the drunken party going. To me this is worse than the mistakes we’ve made in Iraq by far. Fannie and Freddie are toast and we are all going to be on the hook for the bill. It just puts home ownership even more out of reach for hard working savers, by attempting to keep the mortgage market dysfunctional.
As I said over on Jim’s blog a week or two ago. This recession was baked into the cake when the fraudulent loans were inked.
July 25, 2008 at 8:07 AM #246756barnaby33ParticipantIf it were only China. Debt must either be defaulted or paid back. I think most people understand that we will eventually start defaulting on our debt. For those who prefer not to think about it, well there is always hope!
As to the matter at hand, this is a very serious problem, one for which the govt has no real solution; except to keep the drunken party going. To me this is worse than the mistakes we’ve made in Iraq by far. Fannie and Freddie are toast and we are all going to be on the hook for the bill. It just puts home ownership even more out of reach for hard working savers, by attempting to keep the mortgage market dysfunctional.
As I said over on Jim’s blog a week or two ago. This recession was baked into the cake when the fraudulent loans were inked.
July 25, 2008 at 8:21 AM #246781SD Realtor
ParticipantBarnaby it will indeed get worse. Much worse, you are correct.
Just wait until next year because my friend, you ain’t seen nothing yet.
July 25, 2008 at 8:21 AM #246932ParticipantBarnaby it will indeed get worse. Much worse, you are correct.
Just wait until next year because my friend, you ain’t seen nothing yet.
July 25, 2008 at 8:21 AM #246938ParticipantBarnaby it will indeed get worse. Much worse, you are correct.
Just wait until next year because my friend, you ain’t seen nothing yet.
July 25, 2008 at 8:21 AM #247000ParticipantBarnaby it will indeed get worse. Much worse, you are correct.
Just wait until next year because my friend, you ain’t seen nothing yet.
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