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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: John Vosilla who wrote (104555)8/22/2009 4:41:30 AM
From: Skeeter Bug1 Recommendation  Read Replies (2) of 110194
 
>>and even the savy vultures buying distessed today are fools?<<

they are only savvy if interest stay flat or drop lower over the next decade or three.

given that the deficit is in the trillions, the printing presses are running very fast and the dollar is getting killed, that's a brave bet. or an insane one.

you do know what will happen to the value of home prices if mortgage rates go to 10%, all else being equal, right?

so do you see rates staying near 5% forever while we borrow $1 trillion a year and print another $1 trillion?
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