[Sandi Egan]

how lowering the fed funds rate again could strengthen the dollar?
The things media can do to us…
Last year good news about economy often caused downward trends on the market. Here’s the logic:

Good news -> economy is growing -> the FED is going to raise the rate again -> higher rates will slow down the economy… You get the picture.

[Sandi Egan]

Now that is inflation! $200 is chasing a DVD player that was $100 before due to excess demand over supply.
… and it is created by the FED, who loaned $200 to your neighbor. If the credit was not available to him, the price would have never risen.

Good example indeed.

[Sandi Egan]

With all the wisdom and enlightening of mgb’s posts, no wonder why everyone got sold on this one:

with 65k a year you will have a hard time buying a house anywhere in the USA

The median home price in the US is 230K. By definition it means that half of all homes sell below that mark. And as we know, right now the median is distorted upwards.

3-second google search will give you any number of perfectly fine homes under 100K or even 50K in any continental US state. (although, I’ve got to admit that the majority of them are located somewhat east of I-5)

[Sandi Egan]

Artificial hearts with on board computers and a usb connection.

For uploading popular beats?

[Sandi Egan]

Artificial hearts with on board computers and a usb connection.

For uploading popular beats?

[Sandi Egan]

Artificial hearts with on board computers and a usb connection.

For uploading popular beats?

[Sandi Egan]

I don’t know what the answer is but having our prime real-estate in the USA lose value is not the answer or good for anyone.

The answer is, people should learn to take responsibility for their actions. When the prices were skyrocketing, all those “hard-working guys” were proud of their “smart” investments in RE. Today they are not investors any more, they are victims, mislead by greedy and dishonest lenders…

Our laws are already extremely mild: one can get an astronomical loan on a pathetic piece of property, then refi hundreds of kilobucks out of it and when the music stops just walk away with only a scar on his credit record. I think everybody should be obliged to repay any loan they take to the last cent, no matter what.

[Sandi Egan]

I don’t know what the answer is but having our prime real-estate in the USA lose value is not the answer or good for anyone.

The answer is, people should learn to take responsibility for their actions. When the prices were skyrocketing, all those “hard-working guys” were proud of their “smart” investments in RE. Today they are not investors any more, they are victims, mislead by greedy and dishonest lenders…

Our laws are already extremely mild: one can get an astronomical loan on a pathetic piece of property, then refi hundreds of kilobucks out of it and when the music stops just walk away with only a scar on his credit record. I think everybody should be obliged to repay any loan they take to the last cent, no matter what.

[Sandi Egan]

I don’t know what the answer is but having our prime real-estate in the USA lose value is not the answer or good for anyone.

The answer is, people should learn to take responsibility for their actions. When the prices were skyrocketing, all those “hard-working guys” were proud of their “smart” investments in RE. Today they are not investors any more, they are victims, mislead by greedy and dishonest lenders…

Our laws are already extremely mild: one can get an astronomical loan on a pathetic piece of property, then refi hundreds of kilobucks out of it and when the music stops just walk away with only a scar on his credit record. I think everybody should be obliged to repay any loan they take to the last cent, no matter what.

[Sandi Egan]

The huge mortgage mess unravelling is AHEAD of us, we haven’t even seen the bulk of the problems yet…imagine that!!!
Markets tend to anticipate events rather than react to them. What we see today is the market change corresponding to the huge RE implosion that will unravel within coming months.

[Sandi Egan]

The huge mortgage mess unravelling is AHEAD of us, we haven’t even seen the bulk of the problems yet…imagine that!!!
Markets tend to anticipate events rather than react to them. What we see today is the market change corresponding to the huge RE implosion that will unravel within coming months.

[Sandi Egan]

The huge mortgage mess unravelling is AHEAD of us, we haven’t even seen the bulk of the problems yet…imagine that!!!
Markets tend to anticipate events rather than react to them. What we see today is the market change corresponding to the huge RE implosion that will unravel within coming months.

[Sandi Egan]

with China as the our factory/bank, US as the leading consumer/debtor. It is like you and your credit card.
More like husband and wife.

We need to start producing goods for export again here at home so that we can even the playing field a bit.
+1

[Sandi Egan]

with China as the our factory/bank, US as the leading consumer/debtor. It is like you and your credit card.
More like husband and wife.

We need to start producing goods for export again here at home so that we can even the playing field a bit.
+1

[Sandi Egan]

with China as the our factory/bank, US as the leading consumer/debtor. It is like you and your credit card.
More like husband and wife.

We need to start producing goods for export again here at home so that we can even the playing field a bit.
+1

[Author]

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