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

To: mishedlo who wrote (12230)	4/19/2004 8:56:36 PM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 110194

Mish, check out that book i mentioned on your thread. the authors explain how the govt is basically bankrupt, with more than $50 trillion in debt today. the only thing they can try to do is to inflate out of it, while also increasing taxes and reducing benefits to the extent possible. the interesting thing is that other developed nations face a similar dilemma. it seems they will all try to inflate as much as possible.

To: mishedlo who wrote (12230)	4/19/2004 9:46:47 PM
From: ild	Respond to of 110194

Last year I wanted to refi at an adjustable rate. The broker said there was no "no points no fee" program for that. I didn't want to pay points, so I took 15 year fixed at %4.875