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Strategies & Market Trends : The coming US dollar crisis
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To: ggersh who wrote (11653)9/23/2008 2:15:45 PM
From: Real Man  Read Replies (1) of 71407
 
Well, the fact that 0% financing (or ANY financing for some,
for that matter) is simply not available anymore
pushed housing down even more than it would drop otherwise.
In some areas housing is still affordable and has not been too
bubbly, but it dropped nevertheless. The credit bubble has
popped.
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