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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Lee who wrote (86563)9/19/2007 12:18:02 PM
From: John Vosilla  Read Replies (1) of 110194
 
I think they cut slowly until they get a sense housing inventory and foreclosure filings have stabilized at lower levels.. Must grow out of and debase the debts at all costs plus give financial institutions enough of a net interest margin after reserves to make a profit and continue lending.. If the dollar gets sacrificed a bit and long term rates go up so be it..
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