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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: John McCarthy who wrote (68377)	8/31/2007 5:36:01 PM
From: John McCarthy	Read Replies (2) of 116555

A follow-up MATH question .... Note:I STINK in algebra, calculus, etc .... But - prior to the MELT-DOWN and in the ABSTRACT (a) If there was Universe N of total US Home Buyers in the United States (b) And - from 2005 and 2006 - we already sold-in to MARGINAL BUYERS a total 6,000,000 homes (use your own number) (c) WHOSE LEFT in Univere N - to buy these 30% off discounted homes .... (1) Qualified buyers CAN'T buy (I assume) because they are already in THEIR homes and would take a drubbing if they tried to sell THEIR house to get one of these 30% discount houses (2) They could be sold to the remaining EVEN LESS QUAILIFED marginal buyer - but that just seems to MOVE the problem around (3) So - whose gonna buy these homes? regards, John McCarthy

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