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

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To: GraceZ who wrote (69782)9/14/2006 1:26:38 PM
From: John Vosilla  Read Replies (1) of 110194
 
It was the best of times. A once in a lifetime period of toxic loans with 1% pay rates, very low interest rates and high perceived inflation along with double digit home appreciation in perpetuity by the people. Even the brilliant minds here can't figure out what is next. Stagflation, deflation, muddle through? All I know is the housing boom is over and there will be hell to pay because of it for many..It will be the best of times for savy investors and from what i gather there won't be many of us left. kind of like 1993 all over again<g>
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