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5yearwaiter
Participant[quote=partypup][quote=Arraya]http://www.youtube.com/watch?v=4tty9-owMWo&feature=player_embedded[/quote]
A devaluation or bankruptcy is most certainly coming. I posted a thread last year about the looming U.S. bankruptcy, and many rejected the possibility out of hand. Granted, the U.S. will likely choose to avoid that stigma and instead opt for severe devaluation. The effect is the same: we’re screwed. Anyone care to wager what the devaluation will be? I am guessing 50-75%.
Woe to those on fixed incomes…[/quote]
I believe in this and devaluation would be at the rate of 33% first then another round US will do the same with another 17%. I am puzzled what would be our house prices that time? Can any one take a guess? about house prices going to decline steeply or increase steeply? Frined of mine is arguing that time house prices would climb …..????? where as I am arguing due to prevalied high interest rates no one could able to afford and these prices would have to come ground with respect to those double digit interest rates. What scenario would be correct if devaluation occurs?.
5yearwaiter
Participant[quote=partypup][quote=Arraya]http://www.youtube.com/watch?v=4tty9-owMWo&feature=player_embedded[/quote]
A devaluation or bankruptcy is most certainly coming. I posted a thread last year about the looming U.S. bankruptcy, and many rejected the possibility out of hand. Granted, the U.S. will likely choose to avoid that stigma and instead opt for severe devaluation. The effect is the same: we’re screwed. Anyone care to wager what the devaluation will be? I am guessing 50-75%.
Woe to those on fixed incomes…[/quote]
I believe in this and devaluation would be at the rate of 33% first then another round US will do the same with another 17%. I am puzzled what would be our house prices that time? Can any one take a guess? about house prices going to decline steeply or increase steeply? Frined of mine is arguing that time house prices would climb …..????? where as I am arguing due to prevalied high interest rates no one could able to afford and these prices would have to come ground with respect to those double digit interest rates. What scenario would be correct if devaluation occurs?.
5yearwaiter
Participant[quote=partypup][quote=Arraya]http://www.youtube.com/watch?v=4tty9-owMWo&feature=player_embedded[/quote]
A devaluation or bankruptcy is most certainly coming. I posted a thread last year about the looming U.S. bankruptcy, and many rejected the possibility out of hand. Granted, the U.S. will likely choose to avoid that stigma and instead opt for severe devaluation. The effect is the same: we’re screwed. Anyone care to wager what the devaluation will be? I am guessing 50-75%.
Woe to those on fixed incomes…[/quote]
I believe in this and devaluation would be at the rate of 33% first then another round US will do the same with another 17%. I am puzzled what would be our house prices that time? Can any one take a guess? about house prices going to decline steeply or increase steeply? Frined of mine is arguing that time house prices would climb …..????? where as I am arguing due to prevalied high interest rates no one could able to afford and these prices would have to come ground with respect to those double digit interest rates. What scenario would be correct if devaluation occurs?.
5yearwaiter
Participant[quote=partypup][quote=Arraya]http://www.youtube.com/watch?v=4tty9-owMWo&feature=player_embedded[/quote]
A devaluation or bankruptcy is most certainly coming. I posted a thread last year about the looming U.S. bankruptcy, and many rejected the possibility out of hand. Granted, the U.S. will likely choose to avoid that stigma and instead opt for severe devaluation. The effect is the same: we’re screwed. Anyone care to wager what the devaluation will be? I am guessing 50-75%.
Woe to those on fixed incomes…[/quote]
I believe in this and devaluation would be at the rate of 33% first then another round US will do the same with another 17%. I am puzzled what would be our house prices that time? Can any one take a guess? about house prices going to decline steeply or increase steeply? Frined of mine is arguing that time house prices would climb …..????? where as I am arguing due to prevalied high interest rates no one could able to afford and these prices would have to come ground with respect to those double digit interest rates. What scenario would be correct if devaluation occurs?.
5yearwaiter
Participant[quote=partypup][quote=Arraya]http://www.youtube.com/watch?v=4tty9-owMWo&feature=player_embedded[/quote]
A devaluation or bankruptcy is most certainly coming. I posted a thread last year about the looming U.S. bankruptcy, and many rejected the possibility out of hand. Granted, the U.S. will likely choose to avoid that stigma and instead opt for severe devaluation. The effect is the same: we’re screwed. Anyone care to wager what the devaluation will be? I am guessing 50-75%.
Woe to those on fixed incomes…[/quote]
I believe in this and devaluation would be at the rate of 33% first then another round US will do the same with another 17%. I am puzzled what would be our house prices that time? Can any one take a guess? about house prices going to decline steeply or increase steeply? Frined of mine is arguing that time house prices would climb …..????? where as I am arguing due to prevalied high interest rates no one could able to afford and these prices would have to come ground with respect to those double digit interest rates. What scenario would be correct if devaluation occurs?.
5yearwaiter
Participant[quote=partypup]This is probably one of the most momentous events to occur in the dollar’s history.
And we in this country simply have no f*****g clue what is about to happen.
http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html%5B/quote%5D
Let’s start think and generate some possible f*****g clues what is going to happen to all of us and how the life would be if this occurs.
5yearwaiter
Participant[quote=partypup]This is probably one of the most momentous events to occur in the dollar’s history.
And we in this country simply have no f*****g clue what is about to happen.
http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html%5B/quote%5D
Let’s start think and generate some possible f*****g clues what is going to happen to all of us and how the life would be if this occurs.
5yearwaiter
Participant[quote=partypup]This is probably one of the most momentous events to occur in the dollar’s history.
And we in this country simply have no f*****g clue what is about to happen.
http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html%5B/quote%5D
Let’s start think and generate some possible f*****g clues what is going to happen to all of us and how the life would be if this occurs.
5yearwaiter
Participant[quote=partypup]This is probably one of the most momentous events to occur in the dollar’s history.
And we in this country simply have no f*****g clue what is about to happen.
http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html%5B/quote%5D
Let’s start think and generate some possible f*****g clues what is going to happen to all of us and how the life would be if this occurs.
5yearwaiter
Participant[quote=partypup]This is probably one of the most momentous events to occur in the dollar’s history.
And we in this country simply have no f*****g clue what is about to happen.
http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html%5B/quote%5D
Let’s start think and generate some possible f*****g clues what is going to happen to all of us and how the life would be if this occurs.
October 5, 2009 at 6:42 PM in reply to: Foundation Defect (error) – 4S Ranch houses – How to find easy such error? #4641585yearwaiter
ParticipantDid anyone get any clues about how to find the foundation defects? How this can be traced? if we miss this finding, how long builder is responsible on this kind of construction defects of any home? such as Foundation defect or cracks in the walls.
October 5, 2009 at 6:42 PM in reply to: Foundation Defect (error) – 4S Ranch houses – How to find easy such error? #4643475yearwaiter
ParticipantDid anyone get any clues about how to find the foundation defects? How this can be traced? if we miss this finding, how long builder is responsible on this kind of construction defects of any home? such as Foundation defect or cracks in the walls.
October 5, 2009 at 6:42 PM in reply to: Foundation Defect (error) – 4S Ranch houses – How to find easy such error? #4646955yearwaiter
ParticipantDid anyone get any clues about how to find the foundation defects? How this can be traced? if we miss this finding, how long builder is responsible on this kind of construction defects of any home? such as Foundation defect or cracks in the walls.
October 5, 2009 at 6:42 PM in reply to: Foundation Defect (error) – 4S Ranch houses – How to find easy such error? #4647675yearwaiter
ParticipantDid anyone get any clues about how to find the foundation defects? How this can be traced? if we miss this finding, how long builder is responsible on this kind of construction defects of any home? such as Foundation defect or cracks in the walls.
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