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To: maceng2 who wrote (166411)5/17/2002 7:21:56 AM
From: Oblomov  Respond to of 436258
 
>Lots of unreported jobless guys can go out now with money borrowed at 0% finance and buy new
> houses/cars/TV's/PC's with confidence knowing the business cycle in the semis has turned.

Don't worry, they can always refinance their 0% car loan to a -3% loan, and actually get paid to drive a new car. They can refinance their house with a 100-year 125% LTV 1-yr ARM, and live off the 25% - or buy semi stocks with it.