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peterb
ParticipantOnce again, I have to agree with the arraya analysis. These whores in DC are bought and paid for by Wall Street. We’ll be lucky to see crumbs from this while all the I-bank guys are made more than whole from their losses.
Somethings got to give. Perhaps they’ll crank up the Afghanistan/Pakistan conflict as a diversion tactic?ParticipantOnce again, I have to agree with the arraya analysis. These whores in DC are bought and paid for by Wall Street. We’ll be lucky to see crumbs from this while all the I-bank guys are made more than whole from their losses.
Somethings got to give. Perhaps they’ll crank up the Afghanistan/Pakistan conflict as a diversion tactic?ParticipantOnce again, I have to agree with the arraya analysis. These whores in DC are bought and paid for by Wall Street. We’ll be lucky to see crumbs from this while all the I-bank guys are made more than whole from their losses.
Somethings got to give. Perhaps they’ll crank up the Afghanistan/Pakistan conflict as a diversion tactic?ParticipantCredit is contracting and will probably continue for at least another year or two. This makes US$ worth more since credit is how we got huge inflation. Your scenario only works with strong inflation. We aint there yet.
ParticipantCredit is contracting and will probably continue for at least another year or two. This makes US$ worth more since credit is how we got huge inflation. Your scenario only works with strong inflation. We aint there yet.
ParticipantCredit is contracting and will probably continue for at least another year or two. This makes US$ worth more since credit is how we got huge inflation. Your scenario only works with strong inflation. We aint there yet.
ParticipantCredit is contracting and will probably continue for at least another year or two. This makes US$ worth more since credit is how we got huge inflation. Your scenario only works with strong inflation. We aint there yet.
ParticipantCredit is contracting and will probably continue for at least another year or two. This makes US$ worth more since credit is how we got huge inflation. Your scenario only works with strong inflation. We aint there yet.
ParticipantUnemployment at current levels is devistating for RE prices. As Rich has just reported, NOD’s are cranking way up again. What are the loan amounts on these newly minted NOD’s? If one could argue that the last two years saw subprime implode and subprime was mostly lower-end priced homes, then what’s left to go NOD? Perhaps higher $ amount loans? Food for thought.
ParticipantUnemployment at current levels is devistating for RE prices. As Rich has just reported, NOD’s are cranking way up again. What are the loan amounts on these newly minted NOD’s? If one could argue that the last two years saw subprime implode and subprime was mostly lower-end priced homes, then what’s left to go NOD? Perhaps higher $ amount loans? Food for thought.
ParticipantUnemployment at current levels is devistating for RE prices. As Rich has just reported, NOD’s are cranking way up again. What are the loan amounts on these newly minted NOD’s? If one could argue that the last two years saw subprime implode and subprime was mostly lower-end priced homes, then what’s left to go NOD? Perhaps higher $ amount loans? Food for thought.
ParticipantUnemployment at current levels is devistating for RE prices. As Rich has just reported, NOD’s are cranking way up again. What are the loan amounts on these newly minted NOD’s? If one could argue that the last two years saw subprime implode and subprime was mostly lower-end priced homes, then what’s left to go NOD? Perhaps higher $ amount loans? Food for thought.
ParticipantUnemployment at current levels is devistating for RE prices. As Rich has just reported, NOD’s are cranking way up again. What are the loan amounts on these newly minted NOD’s? If one could argue that the last two years saw subprime implode and subprime was mostly lower-end priced homes, then what’s left to go NOD? Perhaps higher $ amount loans? Food for thought.
ParticipantThis is why credit contractions are long and drawn out processes. And far worse than an ordinary recession of over production and over capacity. Unemployment will increase and the wealthiest people have the most assets and funds available to stall the process in the hopes of lasting long enough to “ride it out”. But many of these people are in the later years of their lives and will soon be net consumers and not producers. This is a terrible combination.
A market often stalls before it falls. What’s the sales velocity of property over $500K? Is the economic picture getting better or worse? Patience, Grass Hopper. -
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