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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: GST who wrote (61839)5/24/2006 10:28:55 AM
From: yard_man  Read Replies (2) of 110194
 
I think you are the one living in a cave -- there are a ton of folks in ARMs, no interest loans -- folks really juggling to make payments on houses bought more than 3 or 4 years ago that they really couldn't afford then, and will really be in a bind as higher cost of living bites at the same time housing prices fall.
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