The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: No Mo Mo who wrote (41461)	8/30/2011 10:01:32 AM
From: Real Man	Read Replies (1) of 71442

You can only re-fi if the price of your house goes up. Again, I am not sure this is a relevant issue anymore because the prime market blew up and the Fed printed trillions to fix it. Foreclosures? Lot's of folks are teetering on the brink, some are in the process that was delayed, not fixed. Banks are not lending. Why would they? The Fed would just love to monetize the housing bubble, but so far it has not been working. The effort will certainly have serious side effects. So, Ben blew the stock bubble. We have redistribution of wealth. Unfortunately, not to the prudent, but to the connected. The lesson? Don't blow bubbles! -g/ng-

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