Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: smolejv@gmx.net who wrote (26140)	12/14/2002 9:34:22 PM
From: Hugh A	Read Replies (2) of 74559

DJ - we are even happy to help deflation along, as long as it means keeping our jobs! cbs.marketwatch.com I wonder how many of US Airways pilots have refi'ed in the last year? Paying off bubble mortgages with shrinking paycheques will inevitably get nasty. I have to disagree with CB. I think the fed has done a wonderful job of sucking home equity back into the market or into consumption. Great for now, but wait until the bills have to be paid with tiny greenbacks. Sheep get slaughtered too! Hugh A.

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