Mish's Global Economic Trend Analysis Message Board

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

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To: Elroy Jetson who wrote (101099)	8/20/2009 8:37:28 PM
From: Broken_Clock	Read Replies (1) of 116555

I disagree slightly. "What do you think will happen to most consumers if their debt had been eliminated a few years earlier?" According to local sources, 90% of short sales are no letting the owner walk scott free. They are instead slipping in a note for deficiency into the short sale agreement. That is turning the owner into a lifelong debt slave.

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