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

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To: Ramsey Su who wrote (7213)2/7/2004 12:37:54 PM
From: mishedlo  Read Replies (2) of 110194
 
No matter how you slice it, we have more debt, falling wages, rising property taxes, and more bankruptcies. An interest rate hike would crucify all the marginal players and I speculate there are lots of them given the 0% down home loans, and loans to riskier borrowers.

M
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