- This topic has 165 replies, 24 voices, and was last updated 16 years, 2 months ago by
sdnerd.
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September 21, 2008 at 8:21 AM #273733September 21, 2008 at 9:11 AM #273431
peterb
ParticipantI dont see how prices can be maintianed without a 30 year fixed rate of about 2% or 3%. Will the govt lend at this rate? Will other countries buy US treasuries if the govt does this? If the US govt did this, the US$ would lose 50% of it’s value in less than a year. Maybe more. But I really dont think the credit market would allow this in the first place. The Asian countries are moving away from treasuries already and so the future for the govt to mount greater,gigantic debt looks very questionable.
As unemployment increases, this becomes less possible as well just based on fundementals of income.
The bottom line is that wages have not risen in 10 years and prices have at least doubled. Until equilibrium is somehow returned, prices must come down.September 21, 2008 at 9:11 AM #273676ParticipantI dont see how prices can be maintianed without a 30 year fixed rate of about 2% or 3%. Will the govt lend at this rate? Will other countries buy US treasuries if the govt does this? If the US govt did this, the US$ would lose 50% of it’s value in less than a year. Maybe more. But I really dont think the credit market would allow this in the first place. The Asian countries are moving away from treasuries already and so the future for the govt to mount greater,gigantic debt looks very questionable.
As unemployment increases, this becomes less possible as well just based on fundementals of income.
The bottom line is that wages have not risen in 10 years and prices have at least doubled. Until equilibrium is somehow returned, prices must come down.September 21, 2008 at 9:11 AM #273682ParticipantI dont see how prices can be maintianed without a 30 year fixed rate of about 2% or 3%. Will the govt lend at this rate? Will other countries buy US treasuries if the govt does this? If the US govt did this, the US$ would lose 50% of it’s value in less than a year. Maybe more. But I really dont think the credit market would allow this in the first place. The Asian countries are moving away from treasuries already and so the future for the govt to mount greater,gigantic debt looks very questionable.
As unemployment increases, this becomes less possible as well just based on fundementals of income.
The bottom line is that wages have not risen in 10 years and prices have at least doubled. Until equilibrium is somehow returned, prices must come down.September 21, 2008 at 9:11 AM #273724ParticipantI dont see how prices can be maintianed without a 30 year fixed rate of about 2% or 3%. Will the govt lend at this rate? Will other countries buy US treasuries if the govt does this? If the US govt did this, the US$ would lose 50% of it’s value in less than a year. Maybe more. But I really dont think the credit market would allow this in the first place. The Asian countries are moving away from treasuries already and so the future for the govt to mount greater,gigantic debt looks very questionable.
As unemployment increases, this becomes less possible as well just based on fundementals of income.
The bottom line is that wages have not risen in 10 years and prices have at least doubled. Until equilibrium is somehow returned, prices must come down.September 21, 2008 at 9:11 AM #273748ParticipantI dont see how prices can be maintianed without a 30 year fixed rate of about 2% or 3%. Will the govt lend at this rate? Will other countries buy US treasuries if the govt does this? If the US govt did this, the US$ would lose 50% of it’s value in less than a year. Maybe more. But I really dont think the credit market would allow this in the first place. The Asian countries are moving away from treasuries already and so the future for the govt to mount greater,gigantic debt looks very questionable.
As unemployment increases, this becomes less possible as well just based on fundementals of income.
The bottom line is that wages have not risen in 10 years and prices have at least doubled. Until equilibrium is somehow returned, prices must come down.September 21, 2008 at 9:24 AM #273440Omega Point
ParticipantRunning Bear,
May I ask what you are doing to prepare? Because I feel the same way but I’m not sure what to do.
September 21, 2008 at 9:24 AM #273686ParticipantRunning Bear,
May I ask what you are doing to prepare? Because I feel the same way but I’m not sure what to do.
September 21, 2008 at 9:24 AM #273692ParticipantRunning Bear,
May I ask what you are doing to prepare? Because I feel the same way but I’m not sure what to do.
September 21, 2008 at 9:24 AM #273734ParticipantRunning Bear,
May I ask what you are doing to prepare? Because I feel the same way but I’m not sure what to do.
September 21, 2008 at 9:24 AM #273758ParticipantRunning Bear,
May I ask what you are doing to prepare? Because I feel the same way but I’m not sure what to do.
September 21, 2008 at 9:59 AM #273465capeman
ParticipantHome prices go down until they are affordable by the median household and then if the median household still has jobs they may buy. If and when mortgage rates go up prices will go down even further.
September 21, 2008 at 9:59 AM #273711ParticipantHome prices go down until they are affordable by the median household and then if the median household still has jobs they may buy. If and when mortgage rates go up prices will go down even further.
September 21, 2008 at 9:59 AM #273715ParticipantHome prices go down until they are affordable by the median household and then if the median household still has jobs they may buy. If and when mortgage rates go up prices will go down even further.
September 21, 2008 at 9:59 AM #273759ParticipantHome prices go down until they are affordable by the median household and then if the median household still has jobs they may buy. If and when mortgage rates go up prices will go down even further.
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