[bsrsharma]

“Do builders actually keep the deposit if you can’t get financing at closing time?”

Seems possible if someone is stupid enough to sign a contract without contingencies. Any one who signs to buy without committed funds deserves that though.

[bsrsharma]

“Do builders actually keep the deposit if you can’t get financing at closing time?”

Seems possible if someone is stupid enough to sign a contract without contingencies. Any one who signs to buy without committed funds deserves that though.

[bsrsharma]

“floating their rates.”

Can you please explain this phrase. I don’t think you are meaning ARM, are you?

[bsrsharma]

“floating their rates.”

Can you please explain this phrase. I don’t think you are meaning ARM, are you?

[bsrsharma]

“floating their rates.”

Can you please explain this phrase. I don’t think you are meaning ARM, are you?

[bsrsharma]

“I’m confident we’ll see these in the sixes. Be patient.”

I am confident these will be a tough sell in the Fives. Transactions larger than half a mil are hitting a stonewall (unless they are cash heavy).

[bsrsharma]

“I’m confident we’ll see these in the sixes. Be patient.”

I am confident these will be a tough sell in the Fives. Transactions larger than half a mil are hitting a stonewall (unless they are cash heavy).

[bsrsharma]

“I’m confident we’ll see these in the sixes. Be patient.”

I am confident these will be a tough sell in the Fives. Transactions larger than half a mil are hitting a stonewall (unless they are cash heavy).

[bsrsharma]

Written without the usual MSM bubbly optimism.

Did you see on the front page:

“Foreclosures may spur price drops: On L.A.’s edges, soaring repossessions could set off a downward spiral.”

resonates well with:

“Rum is lifting economic spirits”

There will be brisk business in those spirits now.

[bsrsharma]

Written without the usual MSM bubbly optimism.

Did you see on the front page:

“Foreclosures may spur price drops: On L.A.’s edges, soaring repossessions could set off a downward spiral.”

resonates well with:

“Rum is lifting economic spirits”

There will be brisk business in those spirits now.

[bsrsharma]

Written without the usual MSM bubbly optimism.

Did you see on the front page:

“Foreclosures may spur price drops: On L.A.’s edges, soaring repossessions could set off a downward spiral.”

resonates well with:

“Rum is lifting economic spirits”

There will be brisk business in those spirits now.

[bsrsharma]

There is this poem on another blog:

I see a dead cat a risin’
I see trouble on the way
I see copper thieves obligin’
I see more flat screens on Ebay

Don’t go long tonight
Cause you’ll grab a fallin’ knife
there’s a dead cat on the rise

I hear pension funds implodin’
I know the end is coming soon
I’ll see my short funds overflowin’
Bloomberg proclaiming rage & ruin

Don’t go long tonight
Cause you’ll grab a fallin’ knife
there’s a dead cat on the rise … oh yeah

Hope you got your cash together
Hope you are quite prepared to die
Kudlow will soon be tarred and feathered
One eye is taken for an eye

Don’t go long tonight
Cause you’ll grab a fallin’ knife
There’s a dead cat on the rise

There is even a video at http://calculatedrisk.blogspot.com/2007/08/saturday-rock-blogging-guest-artist.html

[bsrsharma]

There is this poem on another blog:

I see a dead cat a risin’
I see trouble on the way
I see copper thieves obligin’
I see more flat screens on Ebay

Don’t go long tonight
Cause you’ll grab a fallin’ knife
there’s a dead cat on the rise

I hear pension funds implodin’
I know the end is coming soon
I’ll see my short funds overflowin’
Bloomberg proclaiming rage & ruin

Don’t go long tonight
Cause you’ll grab a fallin’ knife
there’s a dead cat on the rise … oh yeah

Hope you got your cash together
Hope you are quite prepared to die
Kudlow will soon be tarred and feathered
One eye is taken for an eye

Don’t go long tonight
Cause you’ll grab a fallin’ knife
There’s a dead cat on the rise

There is even a video at http://calculatedrisk.blogspot.com/2007/08/saturday-rock-blogging-guest-artist.html

[bsrsharma]

There is this poem on another blog:

I see a dead cat a risin’
I see trouble on the way
I see copper thieves obligin’
I see more flat screens on Ebay

Don’t go long tonight
Cause you’ll grab a fallin’ knife
there’s a dead cat on the rise

I hear pension funds implodin’
I know the end is coming soon
I’ll see my short funds overflowin’
Bloomberg proclaiming rage & ruin

Don’t go long tonight
Cause you’ll grab a fallin’ knife
there’s a dead cat on the rise … oh yeah

Hope you got your cash together
Hope you are quite prepared to die
Kudlow will soon be tarred and feathered
One eye is taken for an eye

Don’t go long tonight
Cause you’ll grab a fallin’ knife
There’s a dead cat on the rise

There is even a video at http://calculatedrisk.blogspot.com/2007/08/saturday-rock-blogging-guest-artist.html

[bsrsharma]

Another depression is inevitable

My guess is this is going to be an extended stagflation (stagnation + inflation). i.e. a period of low to no growth combined with inflation. The best analogy is the late Nixon years through early Reagan years (including Ford & Carter years) 1974-1982. Almost 8 years of low growth, high unemployment and high inflation.

 

[Author]

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