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HereWeGo
Participant[quote=peterb]I wonder what happens when deflation hits wages? [/quote]
Hmmm.
That’s a real puzzler.Participant[quote=peterb]I wonder what happens when deflation hits wages? [/quote]
Hmmm.
That’s a real puzzler.Participant[quote=peterb]I wonder what happens when deflation hits wages? [/quote]
Hmmm.
That’s a real puzzler.Participant[quote=peterb]I wonder what happens when deflation hits wages? [/quote]
Hmmm.
That’s a real puzzler.January 11, 2009 at 11:45 AM in reply to: New Paradigm: The job market is the biggest economic problem #326998ParticipantA 10 month severence package, at 160K/year? Poor fella.
January 11, 2009 at 11:45 AM in reply to: New Paradigm: The job market is the biggest economic problem #327335ParticipantA 10 month severence package, at 160K/year? Poor fella.
January 11, 2009 at 11:45 AM in reply to: New Paradigm: The job market is the biggest economic problem #327406ParticipantA 10 month severence package, at 160K/year? Poor fella.
January 11, 2009 at 11:45 AM in reply to: New Paradigm: The job market is the biggest economic problem #327427ParticipantA 10 month severence package, at 160K/year? Poor fella.
January 11, 2009 at 11:45 AM in reply to: New Paradigm: The job market is the biggest economic problem #327510ParticipantA 10 month severence package, at 160K/year? Poor fella.
January 10, 2009 at 4:18 PM in reply to: New Paradigm: The job market is the biggest economic problem #326846Participant[quote=CONCHO]Also, don’t forget that many of the financial geniuses (I unfortunately must include myself in this group) who have been waiting to purchase a home have had their down payments reduced because they had some portion of it in stocks. Even if they didn’t have any of their down payment in stocks, they probably had a lot of their retirement portfolio in stocks and that value is now much less. When lenders look at these borrowers balance sheets, they will be hesitant to lend as much as they would have before because they have fewer assets now.[/quote]
Agreed. The capital loss to borrowers’ balance sheets has been enormous.
January 10, 2009 at 4:18 PM in reply to: New Paradigm: The job market is the biggest economic problem #327184Participant[quote=CONCHO]Also, don’t forget that many of the financial geniuses (I unfortunately must include myself in this group) who have been waiting to purchase a home have had their down payments reduced because they had some portion of it in stocks. Even if they didn’t have any of their down payment in stocks, they probably had a lot of their retirement portfolio in stocks and that value is now much less. When lenders look at these borrowers balance sheets, they will be hesitant to lend as much as they would have before because they have fewer assets now.[/quote]
Agreed. The capital loss to borrowers’ balance sheets has been enormous.
January 10, 2009 at 4:18 PM in reply to: New Paradigm: The job market is the biggest economic problem #327257Participant[quote=CONCHO]Also, don’t forget that many of the financial geniuses (I unfortunately must include myself in this group) who have been waiting to purchase a home have had their down payments reduced because they had some portion of it in stocks. Even if they didn’t have any of their down payment in stocks, they probably had a lot of their retirement portfolio in stocks and that value is now much less. When lenders look at these borrowers balance sheets, they will be hesitant to lend as much as they would have before because they have fewer assets now.[/quote]
Agreed. The capital loss to borrowers’ balance sheets has been enormous.
January 10, 2009 at 4:18 PM in reply to: New Paradigm: The job market is the biggest economic problem #327276Participant[quote=CONCHO]Also, don’t forget that many of the financial geniuses (I unfortunately must include myself in this group) who have been waiting to purchase a home have had their down payments reduced because they had some portion of it in stocks. Even if they didn’t have any of their down payment in stocks, they probably had a lot of their retirement portfolio in stocks and that value is now much less. When lenders look at these borrowers balance sheets, they will be hesitant to lend as much as they would have before because they have fewer assets now.[/quote]
Agreed. The capital loss to borrowers’ balance sheets has been enormous.
January 10, 2009 at 4:18 PM in reply to: New Paradigm: The job market is the biggest economic problem #327359Participant[quote=CONCHO]Also, don’t forget that many of the financial geniuses (I unfortunately must include myself in this group) who have been waiting to purchase a home have had their down payments reduced because they had some portion of it in stocks. Even if they didn’t have any of their down payment in stocks, they probably had a lot of their retirement portfolio in stocks and that value is now much less. When lenders look at these borrowers balance sheets, they will be hesitant to lend as much as they would have before because they have fewer assets now.[/quote]
Agreed. The capital loss to borrowers’ balance sheets has been enormous.
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