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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: mishedlo who wrote (69525)9/8/2006 4:48:12 PM
From: ggamer  Read Replies (2) of 110194
 
One other thing I have noticed is that about half of the people putting gas around me are putting only about $5-$15 worth of gas. This spending is a necessity and from what I see they do not even have the money to put in a full gas of tank.

I have a small furniture business online and I have not received an order for more than 3-4 weeks. Two years ago, on the average, I used to get about an order every other day. I work with a huge importer and their business is down about 35%.

But what amazes me the most is that a few mortgage brokers around me (family and friends) continue to sell more and more 1%-2% loans. Many things have changed in their business but they are still able make appointments and trick people into these loans. I do not see any change in their life styles and all have kept their two to five homes worth over million dollar each.

Go figure !
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