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Politics : Stockman Scott's Political Debate Porch
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To: Jim Willie CB who wrote (2280)7/16/2002 1:34:28 PM
From: habitrail  Read Replies (2) of 89467
 
<<it will bring yet another real estate refi boom
and will ensure an eventual housing crisis>>

I don't think people will be so tardo as you hope.
Even J6P can smell fishiness in this environment.
In the face of lower interest rates, people may start to think "waidaminnit, what's the catch?"
This will slow everything down to the point where you are forced to sell your gold to buy costco provisions and then gold will pop while you wave bye-bye.
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