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bsrsharma
ParticipantImpending Destruction of the US Economy,
Paul Craig Roberts
November 30, 2007Hubris and arrogance are too ensconced in Washington for policymakers to be aware of the economic policy trap in which they have placed the US economy. If the subprime mortgage meltdown is half as bad as predicted, low US interest rates will be required in order to contain the crisis. But if the dollar’s plight is half as bad as predicted, high US interest rates will be required if foreigners are to continue to hold dollars and to finance US budget and trade deficits.
Which will Washington sacrifice, the domestic financial system and over-extended homeowners or its ability to finance deficits?
………………….Dr. Paul Craig Roberts was Assistant Secretary of the US Treasury for Economic Policy in the Reagan administration. He is credited with curing stagflation and eliminating “Phillips curve” trade-offs between employment and inflation, an achievement now on the verge of being lost by the worst economic mismanagement in US history.
http://realestatetalk.org/real-estate/impending-destruction-of-the-us-economy/
bsrsharma
ParticipantImpending Destruction of the US Economy,
Paul Craig Roberts
November 30, 2007Hubris and arrogance are too ensconced in Washington for policymakers to be aware of the economic policy trap in which they have placed the US economy. If the subprime mortgage meltdown is half as bad as predicted, low US interest rates will be required in order to contain the crisis. But if the dollar’s plight is half as bad as predicted, high US interest rates will be required if foreigners are to continue to hold dollars and to finance US budget and trade deficits.
Which will Washington sacrifice, the domestic financial system and over-extended homeowners or its ability to finance deficits?
………………….Dr. Paul Craig Roberts was Assistant Secretary of the US Treasury for Economic Policy in the Reagan administration. He is credited with curing stagflation and eliminating “Phillips curve” trade-offs between employment and inflation, an achievement now on the verge of being lost by the worst economic mismanagement in US history.
http://realestatetalk.org/real-estate/impending-destruction-of-the-us-economy/
bsrsharma
ParticipantImpending Destruction of the US Economy,
Paul Craig Roberts
November 30, 2007Hubris and arrogance are too ensconced in Washington for policymakers to be aware of the economic policy trap in which they have placed the US economy. If the subprime mortgage meltdown is half as bad as predicted, low US interest rates will be required in order to contain the crisis. But if the dollar’s plight is half as bad as predicted, high US interest rates will be required if foreigners are to continue to hold dollars and to finance US budget and trade deficits.
Which will Washington sacrifice, the domestic financial system and over-extended homeowners or its ability to finance deficits?
………………….Dr. Paul Craig Roberts was Assistant Secretary of the US Treasury for Economic Policy in the Reagan administration. He is credited with curing stagflation and eliminating “Phillips curve” trade-offs between employment and inflation, an achievement now on the verge of being lost by the worst economic mismanagement in US history.
http://realestatetalk.org/real-estate/impending-destruction-of-the-us-economy/
bsrsharma
ParticipantImpending Destruction of the US Economy,
Paul Craig Roberts
November 30, 2007Hubris and arrogance are too ensconced in Washington for policymakers to be aware of the economic policy trap in which they have placed the US economy. If the subprime mortgage meltdown is half as bad as predicted, low US interest rates will be required in order to contain the crisis. But if the dollar’s plight is half as bad as predicted, high US interest rates will be required if foreigners are to continue to hold dollars and to finance US budget and trade deficits.
Which will Washington sacrifice, the domestic financial system and over-extended homeowners or its ability to finance deficits?
………………….Dr. Paul Craig Roberts was Assistant Secretary of the US Treasury for Economic Policy in the Reagan administration. He is credited with curing stagflation and eliminating “Phillips curve” trade-offs between employment and inflation, an achievement now on the verge of being lost by the worst economic mismanagement in US history.
http://realestatetalk.org/real-estate/impending-destruction-of-the-us-economy/
bsrsharma
ParticipantImpending Destruction of the US Economy,
Paul Craig Roberts
November 30, 2007Hubris and arrogance are too ensconced in Washington for policymakers to be aware of the economic policy trap in which they have placed the US economy. If the subprime mortgage meltdown is half as bad as predicted, low US interest rates will be required in order to contain the crisis. But if the dollar’s plight is half as bad as predicted, high US interest rates will be required if foreigners are to continue to hold dollars and to finance US budget and trade deficits.
Which will Washington sacrifice, the domestic financial system and over-extended homeowners or its ability to finance deficits?
………………….Dr. Paul Craig Roberts was Assistant Secretary of the US Treasury for Economic Policy in the Reagan administration. He is credited with curing stagflation and eliminating “Phillips curve” trade-offs between employment and inflation, an achievement now on the verge of being lost by the worst economic mismanagement in US history.
http://realestatetalk.org/real-estate/impending-destruction-of-the-us-economy/
December 1, 2007 at 5:19 PM in reply to: CNN — Rate freeze plan for ARMs gains traction. How will this affect the market if this goes thru? #106832bsrsharma
ParticipantOne thing that may happen is, without sufficient demand for mortgage backed securities (frozen ARM = less value for MBS), mortgages will become difficult to get. Only those with a sizable down payment will be able to buy homes. That should crimp demand quite a bit causing slow erosion of home values & prices.
December 1, 2007 at 5:19 PM in reply to: CNN — Rate freeze plan for ARMs gains traction. How will this affect the market if this goes thru? #106926bsrsharma
ParticipantOne thing that may happen is, without sufficient demand for mortgage backed securities (frozen ARM = less value for MBS), mortgages will become difficult to get. Only those with a sizable down payment will be able to buy homes. That should crimp demand quite a bit causing slow erosion of home values & prices.
December 1, 2007 at 5:19 PM in reply to: CNN — Rate freeze plan for ARMs gains traction. How will this affect the market if this goes thru? #106959bsrsharma
ParticipantOne thing that may happen is, without sufficient demand for mortgage backed securities (frozen ARM = less value for MBS), mortgages will become difficult to get. Only those with a sizable down payment will be able to buy homes. That should crimp demand quite a bit causing slow erosion of home values & prices.
December 1, 2007 at 5:19 PM in reply to: CNN — Rate freeze plan for ARMs gains traction. How will this affect the market if this goes thru? #106967bsrsharma
ParticipantOne thing that may happen is, without sufficient demand for mortgage backed securities (frozen ARM = less value for MBS), mortgages will become difficult to get. Only those with a sizable down payment will be able to buy homes. That should crimp demand quite a bit causing slow erosion of home values & prices.
December 1, 2007 at 5:19 PM in reply to: CNN — Rate freeze plan for ARMs gains traction. How will this affect the market if this goes thru? #106987bsrsharma
ParticipantOne thing that may happen is, without sufficient demand for mortgage backed securities (frozen ARM = less value for MBS), mortgages will become difficult to get. Only those with a sizable down payment will be able to buy homes. That should crimp demand quite a bit causing slow erosion of home values & prices.
bsrsharma
Participantcompete with the bilingual applicants who are more desirable
So you know the answer to your problem. You stand little chance of getting into SoCal school system without some Spanish. You may have to move to a more traditional school district.
bsrsharma
Participantcompete with the bilingual applicants who are more desirable
So you know the answer to your problem. You stand little chance of getting into SoCal school system without some Spanish. You may have to move to a more traditional school district.
bsrsharma
Participantcompete with the bilingual applicants who are more desirable
So you know the answer to your problem. You stand little chance of getting into SoCal school system without some Spanish. You may have to move to a more traditional school district.
bsrsharma
Participantcompete with the bilingual applicants who are more desirable
So you know the answer to your problem. You stand little chance of getting into SoCal school system without some Spanish. You may have to move to a more traditional school district.
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