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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: russwinter who wrote (45842)11/18/2005 6:33:46 PM
From: Ramsey Su  Read Replies (1) of 110194
 
Russ,

as you can now tell, this CNN reporter did not pick up on the difference between a reset and an adjustment.

With the nation's savings rate at zero, how many households can handle the reset?

I think the new loan program next yr is going to be the 2-40. 2% increase in interest, 40% increase in payments.

Ramsey
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