The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Skeeter Bug who wrote (201123)	5/7/2009 7:57:32 PM
From: Think4Yourself	Read Replies (3) of 306849

"how much will the banker trillions cost the debt slaves of this nation with 10% interest?" For many it will cost them their homes and/or their lifestyle. Mortgages will become unaffordable. Credit card rates will go back to 20%. Loans for new cars? fuhgeddaboudit! I think you are being generous about 10% interest. I am thinking more like 15% before this is all over. We were over 11% in the 70's and the government was nowhere near as insane then as it is now. We are spending $300 billion a year to lose a war against a third world country.

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