“Come on Neeta are you F*cking kidding me???? Have you had your head in the sand since march? Over 90 subprime lenders are dead. Have you not heard about the CDO issues in the news and what’s happening with Bear Stearns????”
give me a break.
JWM,
None of your observations, although correct, matter to me unless it causes prices to drop. I’m looking for deflation. All I see is run away inflation to which the Fed does not want to admit to, because that means defending the Dollar with high interest rates. I love high interest rates, but the majority does not, because that cuts into their spending habits.