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July 11, 2007 at 5:14 PM in reply to: Standard & Poor’s just drove a huge harpoon into the heart of the mortgage credit bubble, #65294July 11, 2007 at 5:14 PM in reply to: Standard & Poor’s just drove a huge harpoon into the heart of the mortgage credit bubble, #65356
JWM in SD
Participant“Housing is “a slow-moving train wreck,” said Joseph LaVorgna, chief U.S. economist at Deutsche Bank Securities in New York. But “it just doesn’t seem at this point that it’s spilling over” into the rest of the economy.”
Yeah, those GMCs, Expeditions, Impalas and 500s and just flying off the lot……..
July 11, 2007 at 5:08 PM in reply to: Standard & Poor’s just drove a huge harpoon into the heart of the mortgage credit bubble, #65291ParticipantI don’t have a single point prediction to be honest. That’s extremely difficult to do. It’s more like preponderance of evidence with a growing checklist.
July 11, 2007 at 5:08 PM in reply to: Standard & Poor’s just drove a huge harpoon into the heart of the mortgage credit bubble, #65352ParticipantI don’t have a single point prediction to be honest. That’s extremely difficult to do. It’s more like preponderance of evidence with a growing checklist.
July 11, 2007 at 2:46 PM in reply to: Standard & Poor’s just drove a huge harpoon into the heart of the mortgage credit bubble, #65266Participant“OK, the doom and gloom scenarios…”
They aren’t scenarios anymore, they are eventualities. Some sooner than later. I didn’t see this one coming yesterday myself.
July 11, 2007 at 2:46 PM in reply to: Standard & Poor’s just drove a huge harpoon into the heart of the mortgage credit bubble, #65329Participant“OK, the doom and gloom scenarios…”
They aren’t scenarios anymore, they are eventualities. Some sooner than later. I didn’t see this one coming yesterday myself.
ParticipantI hear 4Plex, but I don’t think Ron Paul is electable unfortunately. And if he did somehow become Pres then I would not be suprised if something bad happened to him inside of a year.
ParticipantI hear 4Plex, but I don’t think Ron Paul is electable unfortunately. And if he did somehow become Pres then I would not be suprised if something bad happened to him inside of a year.
July 10, 2007 at 11:29 PM in reply to: Standard & Poor’s just drove a huge harpoon into the heart of the mortgage credit bubble, #65127ParticipantWhy do I get the impression that only a handful of regular posters get the significance of this?
July 10, 2007 at 11:29 PM in reply to: Standard & Poor’s just drove a huge harpoon into the heart of the mortgage credit bubble, #65188ParticipantWhy do I get the impression that only a handful of regular posters get the significance of this?
July 10, 2007 at 9:02 PM in reply to: Standard & Poor’s just drove a huge harpoon into the heart of the mortgage credit bubble, #65103ParticipantExactly PD. Anyone still in denial about where the credit market is headed?? Really???
Credit Contraction and Deflation…don’t say that you weren’t warned…numerous times.
July 10, 2007 at 9:02 PM in reply to: Standard & Poor’s just drove a huge harpoon into the heart of the mortgage credit bubble, #65164ParticipantExactly PD. Anyone still in denial about where the credit market is headed?? Really???
Credit Contraction and Deflation…don’t say that you weren’t warned…numerous times.
ParticipantThis is a good point. In fact, I’m quite familiar with what happens when neighborhoods are laid out that way. I’m from the south side of Chicago and at the turn of the century up through the 1930s, thousands of bungalow houses were built that had a similar configuration with an alley way. Now, those brick houses still stand, but the streets are hugely congested with parked cars in front of the houses. At the time they were built, no one thought that households would have 2-3 cars in many cases, but I can see where this could happen in these neighborhoods.
ParticipantThis is a good point. In fact, I’m quite familiar with what happens when neighborhoods are laid out that way. I’m from the south side of Chicago and at the turn of the century up through the 1930s, thousands of bungalow houses were built that had a similar configuration with an alley way. Now, those brick houses still stand, but the streets are hugely congested with parked cars in front of the houses. At the time they were built, no one thought that households would have 2-3 cars in many cases, but I can see where this could happen in these neighborhoods.
ParticipantPoint taken about the timing but I still say that the REIC will use this for their own intentions.
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