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  • October 11, 2008 at 9:24 AM #285892
    peterb
    Participant

    What a revelation. Cant spend cause credits gone. WOW, who’d a thunk it? Having to spend only what’s actually derived from one’s income. That’s down right unamerican. And it’s now reality. Cash is king once more. Hail to the king. In God we trust, all others bring cash.

    Oh, one other thing. Studies have shown that the number one reason for defaulting on a home mortgage is not the inability to pay, but rather owing more than the value of the home!! How many is “1 in 6” out there? Look for those to default, especially as unemployment’s rising.

    October 11, 2008 at 3:45 PM #285763
    gandalf
    Participant

    Wow. That’s quite a bit more than what I would have thought. Makes sense though.

    The collapse has been precipitous, steepness of the decline has really surprised me.

    Scary part is it doesn’t feel like bottom yet.

    October 11, 2008 at 3:45 PM #286055
    gandalf
    Participant

    Wow. That’s quite a bit more than what I would have thought. Makes sense though.

    The collapse has been precipitous, steepness of the decline has really surprised me.

    Scary part is it doesn’t feel like bottom yet.

    October 11, 2008 at 3:45 PM #286076
    gandalf
    Participant

    Wow. That’s quite a bit more than what I would have thought. Makes sense though.

    The collapse has been precipitous, steepness of the decline has really surprised me.

    Scary part is it doesn’t feel like bottom yet.

    October 11, 2008 at 3:45 PM #286099
    gandalf
    Participant

    Wow. That’s quite a bit more than what I would have thought. Makes sense though.

    The collapse has been precipitous, steepness of the decline has really surprised me.

    Scary part is it doesn’t feel like bottom yet.

    October 11, 2008 at 3:45 PM #286107
    gandalf
    Participant

    Wow. That’s quite a bit more than what I would have thought. Makes sense though.

    The collapse has been precipitous, steepness of the decline has really surprised me.

    Scary part is it doesn’t feel like bottom yet.

    October 11, 2008 at 4:36 PM #285778
    Dougie944
    Participant

    Check out the graph in the article and you wont have to use “feel” anymore to figure out the bottom.

    October 11, 2008 at 4:36 PM #286070
    Dougie944
    Participant

    Check out the graph in the article and you wont have to use “feel” anymore to figure out the bottom.

    October 11, 2008 at 4:36 PM #286091
    Dougie944
    Participant

    Check out the graph in the article and you wont have to use “feel” anymore to figure out the bottom.

    October 11, 2008 at 4:36 PM #286114
    Dougie944
    Participant

    Check out the graph in the article and you wont have to use “feel” anymore to figure out the bottom.

    October 11, 2008 at 4:36 PM #286122
    Dougie944
    Participant

    Check out the graph in the article and you wont have to use “feel” anymore to figure out the bottom.

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