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

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From: UncleBigs7/19/2006 11:14:32 AM
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bernanke says homeowners have plenty of home equity and therefore are able to make their mortgage payments.

huh? how does equity relate to the ability to service existing debt?

Oh, I know. Helocs.

Burning the furniture to heat the house.

Love it.
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