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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: GST who wrote (87968)10/26/2007 2:04:11 PM
From: John Vosilla  Read Replies (2) of 110194
 
'Deflation? Hilarious'

Remember many are so caught up in saving by not losing in housing during this crash. It is a big deal to them and in a way I can't blame them either. But must look at the back side of all this. I don't know how much longer long term rates can remain this low. What if 4-5 years down the road mortgage rates are 9%, rents and other costs of living are 30%+ higher when the doom and gloomer finally decides to buy a house he was sure bottomed in price in 2009 but already started racing back up in price in the coming stagflation? Who is still winning?
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