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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: smolejv@gmx.net who wrote (35032)6/15/2003 7:38:44 AM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
DJ, I suppose it would be reasonable to fear that much of what had been liberated from housing via refi will be (a) spent on essentials, (b) wasted on frills, and (c) lost to money heaven, but, in the mean time, used as fodder to sustain hope that liquidity will foster wealth creation before on set of Reckoning Day.

Chugs, Jay