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denverite
Participant12% underwater is pretty high if you think housing is headed south. That is because the market is made at the margins. Since PB has not dropped significantly, that 12% is pretty meaningful. As prices decline, even minimally, that number goes up, forcing the spiral to reinforce. However, if that area remains stable, perhaps the overhank could be worked off. I just don’t think that is realistic.
denverite
Participant12% underwater is pretty high if you think housing is headed south. That is because the market is made at the margins. Since PB has not dropped significantly, that 12% is pretty meaningful. As prices decline, even minimally, that number goes up, forcing the spiral to reinforce. However, if that area remains stable, perhaps the overhank could be worked off. I just don’t think that is realistic.
denverite
Participant12% underwater is pretty high if you think housing is headed south. That is because the market is made at the margins. Since PB has not dropped significantly, that 12% is pretty meaningful. As prices decline, even minimally, that number goes up, forcing the spiral to reinforce. However, if that area remains stable, perhaps the overhank could be worked off. I just don’t think that is realistic.
denverite
Participant12% underwater is pretty high if you think housing is headed south. That is because the market is made at the margins. Since PB has not dropped significantly, that 12% is pretty meaningful. As prices decline, even minimally, that number goes up, forcing the spiral to reinforce. However, if that area remains stable, perhaps the overhank could be worked off. I just don’t think that is realistic.
denverite
ParticipantWe should all buy heavily in the stock market as it has dropped 50%. Come to think of it, it is probably safer to buy the market at these prices, since there typically is no leveraging involved! Yeah.
denverite
ParticipantWe should all buy heavily in the stock market as it has dropped 50%. Come to think of it, it is probably safer to buy the market at these prices, since there typically is no leveraging involved! Yeah.
denverite
ParticipantWe should all buy heavily in the stock market as it has dropped 50%. Come to think of it, it is probably safer to buy the market at these prices, since there typically is no leveraging involved! Yeah.
denverite
ParticipantWe should all buy heavily in the stock market as it has dropped 50%. Come to think of it, it is probably safer to buy the market at these prices, since there typically is no leveraging involved! Yeah.
denverite
ParticipantWe should all buy heavily in the stock market as it has dropped 50%. Come to think of it, it is probably safer to buy the market at these prices, since there typically is no leveraging involved! Yeah.
denverite
ParticipantThe only long-term cure will be when the government adopts policies that create and maintain middle-class (production) jobs. This means that,as a nation, we must produce goods and services that the US and the remainder of the world will need. The economy cannot fully recover until consumers (~70% of our GDP) have gainful, productive employment.
Short term stimulus’ and tax breaks will not move the economy ahead in the long run, and may have deleterious consequences down the road.
Stock markets previously priced in cheaper, outsourced labor for many industries. The market, if not already pricing in the increased cost of domestic labor, may yet have more adjustment to come.
If we continue to send jobs overseas, we will end up with a “second world” economy, with a diminishing middle class.
denverite
ParticipantThe only long-term cure will be when the government adopts policies that create and maintain middle-class (production) jobs. This means that,as a nation, we must produce goods and services that the US and the remainder of the world will need. The economy cannot fully recover until consumers (~70% of our GDP) have gainful, productive employment.
Short term stimulus’ and tax breaks will not move the economy ahead in the long run, and may have deleterious consequences down the road.
Stock markets previously priced in cheaper, outsourced labor for many industries. The market, if not already pricing in the increased cost of domestic labor, may yet have more adjustment to come.
If we continue to send jobs overseas, we will end up with a “second world” economy, with a diminishing middle class.
denverite
ParticipantThe only long-term cure will be when the government adopts policies that create and maintain middle-class (production) jobs. This means that,as a nation, we must produce goods and services that the US and the remainder of the world will need. The economy cannot fully recover until consumers (~70% of our GDP) have gainful, productive employment.
Short term stimulus’ and tax breaks will not move the economy ahead in the long run, and may have deleterious consequences down the road.
Stock markets previously priced in cheaper, outsourced labor for many industries. The market, if not already pricing in the increased cost of domestic labor, may yet have more adjustment to come.
If we continue to send jobs overseas, we will end up with a “second world” economy, with a diminishing middle class.
denverite
ParticipantThe only long-term cure will be when the government adopts policies that create and maintain middle-class (production) jobs. This means that,as a nation, we must produce goods and services that the US and the remainder of the world will need. The economy cannot fully recover until consumers (~70% of our GDP) have gainful, productive employment.
Short term stimulus’ and tax breaks will not move the economy ahead in the long run, and may have deleterious consequences down the road.
Stock markets previously priced in cheaper, outsourced labor for many industries. The market, if not already pricing in the increased cost of domestic labor, may yet have more adjustment to come.
If we continue to send jobs overseas, we will end up with a “second world” economy, with a diminishing middle class.
denverite
ParticipantThe only long-term cure will be when the government adopts policies that create and maintain middle-class (production) jobs. This means that,as a nation, we must produce goods and services that the US and the remainder of the world will need. The economy cannot fully recover until consumers (~70% of our GDP) have gainful, productive employment.
Short term stimulus’ and tax breaks will not move the economy ahead in the long run, and may have deleterious consequences down the road.
Stock markets previously priced in cheaper, outsourced labor for many industries. The market, if not already pricing in the increased cost of domestic labor, may yet have more adjustment to come.
If we continue to send jobs overseas, we will end up with a “second world” economy, with a diminishing middle class.
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