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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (3222)7/29/2001 9:17:58 PM
From: Tommaso  Read Replies (1) | Respond to of 206100
 
"Having your home value drop will have real wealth effect."

That could be true for those who are operating on large home equity loans, especially. They could have negative equity.

But because so many people are doing this, the political pressure to bail them out in some way could be very high. To do that would have to be inflationary.