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

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To: westpacific who wrote (48982)1/7/2006 3:08:47 PM
From: mishedlo  Read Replies (1) of 110194
 
They did this before in California, people were upside down but we got by..........

So I disagree.


Did they have 100% loans, pay option arms, depend on equity equity extraction to support lifestyles, and have as much overall debt when it happened before?

Mish
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