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


To: westpacific who wrote (14834)6/3/2004 9:22:54 AM
From: Knighty Tin  Respond to of 110194
 
"Rick, I am shocked!" <G>



To: westpacific who wrote (14834)6/3/2004 9:26:00 AM
From: Giraffe  Respond to of 110194
 
>>In 1981 rates hit 21%,<<

So at 21% what would the payments be for your average half million dollar California house?

110 or 120k a year?

And the average annual wage in California in 2002 was $42,000 ...

Hey wait a second! Something's not quite right here ...