The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: carranza2 who wrote (33139)	12/8/2010 12:53:20 PM
From: Real Man	Read Replies (3) of 71454

That market ran out of buyers, cause buyers there actually track jobs and the economy. Now they get an interest rates hike along with much tighter bank loan requirements and arm resets for some sellers. All that just can't be good. I'm pretty confident you can't get a mortgage without a job these days. -g/ng- A hike in mortgage rates will screw the refis for those who still have a job, but are trapped in ARM resets. Up until now some could roll into 30-year fixed, but if this selling continues, it just won't be good at all. QE2 already failing? Jeezus... Might be credibility issues, finally hitting home. If da big one bond crashes, u can turn da lights off... on pretty much everything.

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