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moneymaker
Participant[quote=ucodegen]
Ok, so if China is investing in US stocks and treasuries why would the secretary of state be upset with them?
Ooh I love to dance a little sidestep, now they see me now they don’t-
I’ve come and gone and, ooh I love to sweep around the wide step,
cut a little swathe and lead the people on. Best Little Whorehouse in Texas< http://www.census.gov/foreign-trade/top/dst/2009/09/deficit.htmlIf you are referring to this:
http://www.census.gov/foreign-trade/top/dst/2009/09/balance.html
read the fine print at the top.. "The values given are for Imports and Exports added together."[/quote]Thanks for the real numbers, seems charts can be very deceptive. I didn't really think I was buying more Canadian stuff than Chinese stuff, but sometimes I can get a little local and forget about all those other states on the Canadian border.
moneymaker
Participant[quote=ucodegen]
Ok, so if China is investing in US stocks and treasuries why would the secretary of state be upset with them?
Ooh I love to dance a little sidestep, now they see me now they don’t-
I’ve come and gone and, ooh I love to sweep around the wide step,
cut a little swathe and lead the people on. Best Little Whorehouse in Texas< http://www.census.gov/foreign-trade/top/dst/2009/09/deficit.htmlIf you are referring to this:
http://www.census.gov/foreign-trade/top/dst/2009/09/balance.html
read the fine print at the top.. "The values given are for Imports and Exports added together."[/quote]Thanks for the real numbers, seems charts can be very deceptive. I didn't really think I was buying more Canadian stuff than Chinese stuff, but sometimes I can get a little local and forget about all those other states on the Canadian border.
moneymaker
ParticipantOk, so if China is investing in US stocks and treasuries why would the secretary of state be upset with them? Also if their economy is taking off, I assume they have inflation,why would they buy US treasuries. If I were china I would take all that money and invest it in a powerful military. Just read that they untied their currency from the dollar today, will that cause us inflation? I had no idea that we import more from Canada than from China,interesting!
moneymaker
ParticipantOk, so if China is investing in US stocks and treasuries why would the secretary of state be upset with them? Also if their economy is taking off, I assume they have inflation,why would they buy US treasuries. If I were china I would take all that money and invest it in a powerful military. Just read that they untied their currency from the dollar today, will that cause us inflation? I had no idea that we import more from Canada than from China,interesting!
moneymaker
ParticipantOk, so if China is investing in US stocks and treasuries why would the secretary of state be upset with them? Also if their economy is taking off, I assume they have inflation,why would they buy US treasuries. If I were china I would take all that money and invest it in a powerful military. Just read that they untied their currency from the dollar today, will that cause us inflation? I had no idea that we import more from Canada than from China,interesting!
moneymaker
ParticipantOk, so if China is investing in US stocks and treasuries why would the secretary of state be upset with them? Also if their economy is taking off, I assume they have inflation,why would they buy US treasuries. If I were china I would take all that money and invest it in a powerful military. Just read that they untied their currency from the dollar today, will that cause us inflation? I had no idea that we import more from Canada than from China,interesting!
moneymaker
ParticipantOk, so if China is investing in US stocks and treasuries why would the secretary of state be upset with them? Also if their economy is taking off, I assume they have inflation,why would they buy US treasuries. If I were china I would take all that money and invest it in a powerful military. Just read that they untied their currency from the dollar today, will that cause us inflation? I had no idea that we import more from Canada than from China,interesting!
November 18, 2009 at 7:44 PM in reply to: When does it make financial sense to just dump your house??? #484167moneymaker
ParticipantWhy couldn’t the second foreclose? While it’s true they won’t get all of their money,maybe not even any of it back. It sure sends a message to others though. They’re probably being sneaky about it though and are hoping you will trade 1 year of modest interest for what could conceivably become a recourse loan if they reword the contract. Also do you have it in writing that the first is giving you 4% for the life of the loan? I would want it in writing.
November 18, 2009 at 7:44 PM in reply to: When does it make financial sense to just dump your house??? #484333moneymaker
ParticipantWhy couldn’t the second foreclose? While it’s true they won’t get all of their money,maybe not even any of it back. It sure sends a message to others though. They’re probably being sneaky about it though and are hoping you will trade 1 year of modest interest for what could conceivably become a recourse loan if they reword the contract. Also do you have it in writing that the first is giving you 4% for the life of the loan? I would want it in writing.
November 18, 2009 at 7:44 PM in reply to: When does it make financial sense to just dump your house??? #484705moneymaker
ParticipantWhy couldn’t the second foreclose? While it’s true they won’t get all of their money,maybe not even any of it back. It sure sends a message to others though. They’re probably being sneaky about it though and are hoping you will trade 1 year of modest interest for what could conceivably become a recourse loan if they reword the contract. Also do you have it in writing that the first is giving you 4% for the life of the loan? I would want it in writing.
November 18, 2009 at 7:44 PM in reply to: When does it make financial sense to just dump your house??? #484790moneymaker
ParticipantWhy couldn’t the second foreclose? While it’s true they won’t get all of their money,maybe not even any of it back. It sure sends a message to others though. They’re probably being sneaky about it though and are hoping you will trade 1 year of modest interest for what could conceivably become a recourse loan if they reword the contract. Also do you have it in writing that the first is giving you 4% for the life of the loan? I would want it in writing.
November 18, 2009 at 7:44 PM in reply to: When does it make financial sense to just dump your house??? #485018moneymaker
ParticipantWhy couldn’t the second foreclose? While it’s true they won’t get all of their money,maybe not even any of it back. It sure sends a message to others though. They’re probably being sneaky about it though and are hoping you will trade 1 year of modest interest for what could conceivably become a recourse loan if they reword the contract. Also do you have it in writing that the first is giving you 4% for the life of the loan? I would want it in writing.
November 15, 2009 at 8:16 PM in reply to: When does it make financial sense to just dump your house??? #483229moneymaker
ParticipantThe grass always seems greener on the other side, or in my case from far away. I was just thinking the other day how someone that just bought 2 blocks away from us, we bought in Feb they bought in Aug of this year got 50% bigger house on a lot more than twice the size of ours(and ours is not small) for $10,000 dollars less, but as the wife said, she likes ours better and that is all that counts.
P.S.-that house is also 10 years older. If I were you I would talk to your significant other and pay more attention to what they say than us here on Piggington.November 15, 2009 at 8:16 PM in reply to: When does it make financial sense to just dump your house??? #483394moneymaker
ParticipantThe grass always seems greener on the other side, or in my case from far away. I was just thinking the other day how someone that just bought 2 blocks away from us, we bought in Feb they bought in Aug of this year got 50% bigger house on a lot more than twice the size of ours(and ours is not small) for $10,000 dollars less, but as the wife said, she likes ours better and that is all that counts.
P.S.-that house is also 10 years older. If I were you I would talk to your significant other and pay more attention to what they say than us here on Piggington. -
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