Shadow Inventory – The Flood that May Never Come

[sdduuuude]

Excellent. Thanks !

[peterb]

This is why deflation is such a slow grind, as in Japans case. Everyone fights death. With every tool available. Even survival is not growth. Unemployment and downward wage pressure will continue despite the banks reluctance/inability to efficiently clear their non-performing assets. This is a precarious position. When you’re walking on a tight rope, all you can hope for is to not fall off.

[peterb]

This is why deflation is such a slow grind, as in Japans case. Everyone fights death. With every tool available. Even survival is not growth. Unemployment and downward wage pressure will continue despite the banks reluctance/inability to efficiently clear their non-performing assets. This is a precarious position. When you’re walking on a tight rope, all you can hope for is to not fall off.

[peterb]

This is why deflation is such a slow grind, as in Japans case. Everyone fights death. With every tool available. Even survival is not growth. Unemployment and downward wage pressure will continue despite the banks reluctance/inability to efficiently clear their non-performing assets. This is a precarious position. When you’re walking on a tight rope, all you can hope for is to not fall off.

[peterb]

This is why deflation is such a slow grind, as in Japans case. Everyone fights death. With every tool available. Even survival is not growth. Unemployment and downward wage pressure will continue despite the banks reluctance/inability to efficiently clear their non-performing assets. This is a precarious position. When you’re walking on a tight rope, all you can hope for is to not fall off.

[peterb]

This is why deflation is such a slow grind, as in Japans case. Everyone fights death. With every tool available. Even survival is not growth. Unemployment and downward wage pressure will continue despite the banks reluctance/inability to efficiently clear their non-performing assets. This is a precarious position. When you’re walking on a tight rope, all you can hope for is to not fall off.

[nostradamus]

dave, is it true that all loan principal mods have the catch-22 that if the home is ever sold, the written-down amount of the mod must be paid back?

[nostradamus]

dave, is it true that all loan principal mods have the catch-22 that if the home is ever sold, the written-down amount of the mod must be paid back?

[nostradamus]

dave, is it true that all loan principal mods have the catch-22 that if the home is ever sold, the written-down amount of the mod must be paid back?

[nostradamus]

dave, is it true that all loan principal mods have the catch-22 that if the home is ever sold, the written-down amount of the mod must be paid back?

[nostradamus]

dave, is it true that all loan principal mods have the catch-22 that if the home is ever sold, the written-down amount of the mod must be paid back?

[sdduuuude]

Seems like there must be some analytical answer to the question – “Why don’t banks ramp up the staff ?”

I mean, if the situation is still “whoever panics first wins” (or loses the least), why don’t they staff up and manage it. Everyone is hurting for work. They could staff up pretty cheap.

Maybe the banks see appreciation in these properties over the next few years, or maybe peterb is right – it isn’t growth, so why fund it ?

[sdduuuude]

Seems like there must be some analytical answer to the question – “Why don’t banks ramp up the staff ?”

I mean, if the situation is still “whoever panics first wins” (or loses the least), why don’t they staff up and manage it. Everyone is hurting for work. They could staff up pretty cheap.

Maybe the banks see appreciation in these properties over the next few years, or maybe peterb is right – it isn’t growth, so why fund it ?

[sdduuuude]

Seems like there must be some analytical answer to the question – “Why don’t banks ramp up the staff ?”

I mean, if the situation is still “whoever panics first wins” (or loses the least), why don’t they staff up and manage it. Everyone is hurting for work. They could staff up pretty cheap.

Maybe the banks see appreciation in these properties over the next few years, or maybe peterb is right – it isn’t growth, so why fund it ?

[sdduuuude]

Seems like there must be some analytical answer to the question – “Why don’t banks ramp up the staff ?”

I mean, if the situation is still “whoever panics first wins” (or loses the least), why don’t they staff up and manage it. Everyone is hurting for work. They could staff up pretty cheap.

Maybe the banks see appreciation in these properties over the next few years, or maybe peterb is right – it isn’t growth, so why fund it ?

[Author]

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