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UCGal
Participant[quote=CA renter][quote=Veritas]”Moody’s cut Ireland’s sovereign rating by two notches to the verge of junk status on Friday and kept its outlook on negative, pushing the euro lower and adding to renewed pressure on the euro zone’s weaker countries. The move sent Ireland’s borrowing costs up and cut short a rare spell of good news after the government said on Thursday it had passed a review of its economic progress by creditors and ratings agency Fitch upgraded its outlook.”
http://macedoniaonline.eu/content/view/17969/52/Is the dollar next to turn to junk?[/quote]
Good question. It can go either way, at least for a short while, IMHO. Either our debt goes to junk status, or the USD becomes a safe-haven while the Euro crashes. I just don’t know of another currency that can carry the burden if the Euro fails. Yen, or renminbi? Unfortunately, most people can’t get significant quantities of the renminbi, and not sure how the yen will fare as Japan deals with its crisis.
Wish I knew the answer, as we’d be on our way to retirement! ;)[/quote]
I wouldn’t mind a dip in the Euro relative to the dollar sometime between now and summer. It can revert when I get back from our vacation.
UCGal
Participant[quote=CA renter][quote=Veritas]”Moody’s cut Ireland’s sovereign rating by two notches to the verge of junk status on Friday and kept its outlook on negative, pushing the euro lower and adding to renewed pressure on the euro zone’s weaker countries. The move sent Ireland’s borrowing costs up and cut short a rare spell of good news after the government said on Thursday it had passed a review of its economic progress by creditors and ratings agency Fitch upgraded its outlook.”
http://macedoniaonline.eu/content/view/17969/52/Is the dollar next to turn to junk?[/quote]
Good question. It can go either way, at least for a short while, IMHO. Either our debt goes to junk status, or the USD becomes a safe-haven while the Euro crashes. I just don’t know of another currency that can carry the burden if the Euro fails. Yen, or renminbi? Unfortunately, most people can’t get significant quantities of the renminbi, and not sure how the yen will fare as Japan deals with its crisis.
Wish I knew the answer, as we’d be on our way to retirement! ;)[/quote]
I wouldn’t mind a dip in the Euro relative to the dollar sometime between now and summer. It can revert when I get back from our vacation.
UCGal
Participant[quote=davelj][quote=urbanrealtor]
Have you been to the Linkery in North Park?
You might like it.
This may sound like blasphemy but I like sausage with kimchi. Now that is a fermented food.
[/quote]I second that recommendation. I loves me some tasty snausages.[/quote]
I third that reccomendation.UCGal
Participant[quote=davelj][quote=urbanrealtor]
Have you been to the Linkery in North Park?
You might like it.
This may sound like blasphemy but I like sausage with kimchi. Now that is a fermented food.
[/quote]I second that recommendation. I loves me some tasty snausages.[/quote]
I third that reccomendation.UCGal
Participant[quote=davelj][quote=urbanrealtor]
Have you been to the Linkery in North Park?
You might like it.
This may sound like blasphemy but I like sausage with kimchi. Now that is a fermented food.
[/quote]I second that recommendation. I loves me some tasty snausages.[/quote]
I third that reccomendation.UCGal
Participant[quote=davelj][quote=urbanrealtor]
Have you been to the Linkery in North Park?
You might like it.
This may sound like blasphemy but I like sausage with kimchi. Now that is a fermented food.
[/quote]I second that recommendation. I loves me some tasty snausages.[/quote]
I third that reccomendation.UCGal
Participant[quote=davelj][quote=urbanrealtor]
Have you been to the Linkery in North Park?
You might like it.
This may sound like blasphemy but I like sausage with kimchi. Now that is a fermented food.
[/quote]I second that recommendation. I loves me some tasty snausages.[/quote]
I third that reccomendation.UCGal
Participant[quote=walterwhite]Will you listen to me tell you why you should eat broccoli?[/quote]
Coincidentally- I was crunching on broccoli, carrots, and snap peas as part of my lunch when I read that.UCGal
Participant[quote=walterwhite]Will you listen to me tell you why you should eat broccoli?[/quote]
Coincidentally- I was crunching on broccoli, carrots, and snap peas as part of my lunch when I read that.UCGal
Participant[quote=walterwhite]Will you listen to me tell you why you should eat broccoli?[/quote]
Coincidentally- I was crunching on broccoli, carrots, and snap peas as part of my lunch when I read that.UCGal
Participant[quote=walterwhite]Will you listen to me tell you why you should eat broccoli?[/quote]
Coincidentally- I was crunching on broccoli, carrots, and snap peas as part of my lunch when I read that.UCGal
Participant[quote=walterwhite]Will you listen to me tell you why you should eat broccoli?[/quote]
Coincidentally- I was crunching on broccoli, carrots, and snap peas as part of my lunch when I read that.UCGal
Participant[quote=sdrealtor]
But this was a short sale and should have been done in an open market bidding system that is transparent to all buyers. You been on that diatribe many times. This was as far from transparent as a deal could be. Change of heart?
If you saw a 1.15M short sale in contingent status would you bother to go look at it if you were looking to spend 900K? I’m guessing you arent running around looking at short sales in contingent status with accepted offers at asking prices $250K more than you are willing to spend. I cant imagine that the percentage of buyers who would do that even approaches 1%.[/quote]
Ok… I’m confused.
How was this not transparent.Looking at the listing history on redfin.
http://www.redfin.com/CA/San-Diego/3345-Lucinda-St-92106/home/5742637It was first listed in Jan 2009, delisted the next day – then put back on with a new MLS in Feb 09. rinse and repeat – list/delist… but basically on the market the whole time… until Jan 2010 when it’s marked contingent. That must not have worked – because in Aug 2010 it’s relisted.
Later that month – it’s listed again (7th MLS since Jan 09) at $1,050,000. A couple price changes upward… then it’s contingent in Oct and then Dec 09. It’s relisted Feb 16, 11, with a price change to 1,130,000. 2 days later it’s marked contingent.It seems like anyone who wanted to make an offer on this could. And that at least 3 offers had occurred previously (3 contingents before the final one.)
How was this not transparent?
UCGal
Participant[quote=sdrealtor]
But this was a short sale and should have been done in an open market bidding system that is transparent to all buyers. You been on that diatribe many times. This was as far from transparent as a deal could be. Change of heart?
If you saw a 1.15M short sale in contingent status would you bother to go look at it if you were looking to spend 900K? I’m guessing you arent running around looking at short sales in contingent status with accepted offers at asking prices $250K more than you are willing to spend. I cant imagine that the percentage of buyers who would do that even approaches 1%.[/quote]
Ok… I’m confused.
How was this not transparent.Looking at the listing history on redfin.
http://www.redfin.com/CA/San-Diego/3345-Lucinda-St-92106/home/5742637It was first listed in Jan 2009, delisted the next day – then put back on with a new MLS in Feb 09. rinse and repeat – list/delist… but basically on the market the whole time… until Jan 2010 when it’s marked contingent. That must not have worked – because in Aug 2010 it’s relisted.
Later that month – it’s listed again (7th MLS since Jan 09) at $1,050,000. A couple price changes upward… then it’s contingent in Oct and then Dec 09. It’s relisted Feb 16, 11, with a price change to 1,130,000. 2 days later it’s marked contingent.It seems like anyone who wanted to make an offer on this could. And that at least 3 offers had occurred previously (3 contingents before the final one.)
How was this not transparent?
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