SI
SI
discoversearch

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 : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: SeaViewer who wrote (17444)12/2/2004 5:41:05 PM
From: russwinter  Read Replies (1) | Respond to of 116555
 
Yes, lots of subprime, low/no down, and adjustables. But are they in trouble, or soon to be so? Any evidence of real difficulties, or more importantly when will the cognoscenti figure it out? I think they (*) are still robbing Peter (inflated home assets) to pay Paul.

(*) Two groups, the "first receivers", and "late recepients", concepts well presented in this Shostak essay:
siliconinvestor.com