The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mike Johnston who wrote (71899)	10/13/2006 1:45:52 PM
From: John Vosilla	Read Replies (3) of 110194

'Other than that, some desperate "house ATM" consumers sensing imminent bankruptcy and foreclosure, might max out their credit lines in order to "go down in style" and enjoy their last moments of "wealth". The foundation of the economy is rotten.' Yet Bank America and JP Morgan/Chase control such a huge portion of the credit card biz these days and their stocks hitting all time highs on a daily basis. Another of a long list of conundrum's. Perhaps very low interest rates, low unemployment, reasonable gas prices and continued easy access to credit for most trumps all?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next