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j
Participanttoo bad it is at 9am on a workday. The turnout will be poor.
j
Participanttoo bad it is at 9am on a workday. The turnout will be poor.
j
Participanttoo bad it is at 9am on a workday. The turnout will be poor.
j
Participanttoo bad it is at 9am on a workday. The turnout will be poor.
j
Participanttoo bad it is at 9am on a workday. The turnout will be poor.
j
ParticipantI don’t know if it is worse than the Great Depression, but it would definitely be worse if there was not FDIC. FDIC prevented a panic. Everything that is happening now is totally rational.
A bank loses money for the quarter and the forecast is loses for rest of the year if not more, so its stock goes down. Don’t have the money for loan payment, so the loan is denied. Nobody can buy an over priced mcmansion, so the price goes down.
j
ParticipantI don’t know if it is worse than the Great Depression, but it would definitely be worse if there was not FDIC. FDIC prevented a panic. Everything that is happening now is totally rational.
A bank loses money for the quarter and the forecast is loses for rest of the year if not more, so its stock goes down. Don’t have the money for loan payment, so the loan is denied. Nobody can buy an over priced mcmansion, so the price goes down.
j
ParticipantI don’t know if it is worse than the Great Depression, but it would definitely be worse if there was not FDIC. FDIC prevented a panic. Everything that is happening now is totally rational.
A bank loses money for the quarter and the forecast is loses for rest of the year if not more, so its stock goes down. Don’t have the money for loan payment, so the loan is denied. Nobody can buy an over priced mcmansion, so the price goes down.
j
ParticipantI don’t know if it is worse than the Great Depression, but it would definitely be worse if there was not FDIC. FDIC prevented a panic. Everything that is happening now is totally rational.
A bank loses money for the quarter and the forecast is loses for rest of the year if not more, so its stock goes down. Don’t have the money for loan payment, so the loan is denied. Nobody can buy an over priced mcmansion, so the price goes down.
j
ParticipantI don’t know if it is worse than the Great Depression, but it would definitely be worse if there was not FDIC. FDIC prevented a panic. Everything that is happening now is totally rational.
A bank loses money for the quarter and the forecast is loses for rest of the year if not more, so its stock goes down. Don’t have the money for loan payment, so the loan is denied. Nobody can buy an over priced mcmansion, so the price goes down.
j
ParticipantSounds like the banks are counting on prices coming back. They think that by lowering the rates to the point that people can make the “false” payments, prices will go up. If these are interest only loans with large early payoff fees, all the banks are doing is changing the reset dates.
What is the old Tennessee saying? Foul me once, shame on me; can’t get fouled again.
I don’t think anybody is going to rush in mass to real estate in the next decade, but I have been wrong about how stupid people be in the past.
j
ParticipantSounds like the banks are counting on prices coming back. They think that by lowering the rates to the point that people can make the “false” payments, prices will go up. If these are interest only loans with large early payoff fees, all the banks are doing is changing the reset dates.
What is the old Tennessee saying? Foul me once, shame on me; can’t get fouled again.
I don’t think anybody is going to rush in mass to real estate in the next decade, but I have been wrong about how stupid people be in the past.
j
ParticipantSounds like the banks are counting on prices coming back. They think that by lowering the rates to the point that people can make the “false” payments, prices will go up. If these are interest only loans with large early payoff fees, all the banks are doing is changing the reset dates.
What is the old Tennessee saying? Foul me once, shame on me; can’t get fouled again.
I don’t think anybody is going to rush in mass to real estate in the next decade, but I have been wrong about how stupid people be in the past.
j
ParticipantSounds like the banks are counting on prices coming back. They think that by lowering the rates to the point that people can make the “false” payments, prices will go up. If these are interest only loans with large early payoff fees, all the banks are doing is changing the reset dates.
What is the old Tennessee saying? Foul me once, shame on me; can’t get fouled again.
I don’t think anybody is going to rush in mass to real estate in the next decade, but I have been wrong about how stupid people be in the past.
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