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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (2069)7/14/2002 12:14:20 PM
From: SGJ  Read Replies (1) | Respond to of 89467
 
Housing market ready to crap out? High probability.

In this type of "game" you could look for the next logical place for the creation of money( i.e. the next bubble) The fed needs takers for debt to hold off deflation. Paper "Money" is someones debt.

Trouble is I can't find any. Therefore Gold and silver for now.



To: Jim Willie CB who wrote (2069)7/14/2002 5:19:17 PM
From: Ish  Read Replies (1) | Respond to of 89467
 
<<many people would walk away from their homes and mortgages
exactly that, walk away>>

That happened several years ago in New England.