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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (14257)11/25/2002 12:20:05 PM
From: Oral Roberts  Respond to of 57110
 
yes and much of it being added to mortages which is the next disaster looming IMO. Those people start being forced to sell their homes and that bubble will pop leaving them with negative equity. At any rate this economy has been propped by personal spending and that appears to be coming to a quick end according to that.