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

To: Gersh Avery who wrote (208218)	12/6/2002 1:03:28 PM
From: Thomas M.	Read Replies (1) \| Respond to of 436258

Sure, and the fact that we haven't begun to contract credit. <<< "I subscribe to Economy.com, and right on the main page is a chart of cash-out refis, 1990 to the present. It will blow your mind that we may hit $300 billion this year. From 1990 to 1999, refis ranged from $25 billion to $50 billion a year. Look at 2000, with slightly over $100 billion; and 2001, with $150 billion. Add the last three years together. The total will hit at least $550 billion, just blowing away the combined total of the entire 1990s. What a mess we face in the future." >>> moneycentral.msn.com Mostly, I was just looking for an excuse to post that Onion piece. :-) Tom