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

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To: russwinter who wrote (54301)2/20/2006 1:28:19 PM
From: Broken_Clock  Read Replies (1) of 110194
 
"Unfortunately, for the FCBs, they will soon realize this error, when Joe Sixpack increasingly fails to pay his mortgage, and then turns over the keys."

So if you had 100 billion dollars, where would you invest it? Mars is out. -g-

Perhaps the Saudis and Chinese are figuring the US is still the best bet in a worldwide downturn. Clipping SFH rent coupons for the next 20 years...

In the final analysis, the $$$ coming in is really OPM. The House of Saud did not earn this money. Easy to play fast and loose with OPM/sweat equity.
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