Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: eddieww who wrote (3694)	12/20/2003 11:24:33 PM
From: mishedlo	Read Replies (1) \| Respond to of 110194

They can crank out all the money they want. Does not mean anyone will want to spend it. Business loans are falling thru the floor, and the tailwinds of the refinance boom are over. Refinancing has dropped off 80% or whatever. That money supported the economy in a big way. Unemployment benefits are running out. Christmas season appears to be a bust. There is no meaningful pickup in jobs and what jobs there are, are bullshit jobs at Wallmart and McDonalds. To get customers spending, they are going after more and more and more marginal customers. Have you seen a chart of money supply lately? I am sure Russ or someone will be happy to post it. I lost the link M

To: eddieww who wrote (3694)	12/21/2003 2:21:24 AM
From: westpacific	Read Replies (2) \| Respond to of 110194

"Now, such terms are absurd.() 3% down and 40-50% of income here in SoCal." (When I bought my first house I had to come up with 25% down, and my mortgage debt service couldn't be more than 25% of income.) And you think this is good! Idiot. It was called sound money management. Now we have a FED and government that has lost their marbles and believes everything grows on trees to the sky......what did your father teach you about this, this fantasy is not reality and will fail. Do you not understand printing more dollars will lead to a COLLAPSE of the dollar and EVERYONE will be broke. You think this is good. (the only people it is good for are the debtholders, so we have a FED and government in America that now rewards only those that misbehave!) ROLFMAO. IF this is the case THE U.S. IS FINISHED and will become a SECOND RATE COUNTRY if not a third world country like Argentina....... Get gold and Eurodollars or be finished.