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Politics : WAR on Terror. Will it engulf the Entire Middle East?
SPY 676.47+0.8%Dec 18 4:00 PM EST

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To: Peter Dierks who wrote (12833)2/18/2006 2:23:25 PM
From: Chas.  Read Replies (3) of 32591
 
Peter you need to get up to speed.....

you say...The simple example I use is obtaining a mortgage. The lender wants to know how much you owe to whom. If you owe too mcuh, you carry too much risk, and they decline your request.

Lending/mortage cos are giving money to Mexican immigrants (illegals?) as long as they have a credit card.....fact.

kids under 21 can get a mortage for up to and over monthly payments equaling 50% of their monthly income as long as they pass the nose test...(fogging a mirror placed under the borrowers nose)...

Peter borrowing $$$$$ in USA is not a problem for anyone......

USA Trade deficit is not presently a problem....no one in the Global Economy will call us out.....

Global Economy is a pyramid with USA at the base...if we come down all come down.....its that simple....relax, buy Gold, buy Oil....

regards
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