Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: jjetstream who wrote (38746)	11/17/2000 11:06:05 PM
From: pater tenebrarum	Read Replies (2) \| Respond to of 436258

yep...all of a sudden bank credit has become the focus of attention. typical late boom phenomenon that the quality of credit begins to decline.

To: jjetstream who wrote (38746)	11/18/2000 9:56:49 PM
From: chic_hearne	Read Replies (1) \| Respond to of 436258

But bankruptcies fell to 1.26 million in 1999, mainly - SMR said - because people were able to two-step their way out of bankruptcy thanks to banks willing to lend them money against their home's equity. Sounds like great news for the real estate market to me. Wait until people have to start to sell and no one has money to pay the inflated prices. That bubble will go fast IMO. I have a feeling that Patron and I are going to regret not selling our homes now with the intent of buying back a similar property in a few years at half price from some bankrupt clown.