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

To: John Vosilla who wrote (37022)7/26/2005 5:06:44 PM
From: russwinter  Read Replies (1) | Respond to of 110194
 
<on every day pumping all sort of no money down, smart loan, option ARM, interest only and new loans for foreigners>

That's most of the reason they come here, to take a free turn at the roulette wheel on borrowed funny money. If it comes up all wrong, they can just turn over the keys and go back home.



To: John Vosilla who wrote (37022)7/26/2005 5:39:04 PM
From: loantech  Read Replies (1) | Respond to of 110194
 
John I sure don't get it. My plan is to do the opposite so of course I will never really make much money. Here is my plan. Own 1 house. Own two cars plus one for #1 daughter. Have a credit card.

Owe zero on all of them by this time next year if not sooner. I do not really have that far to go.


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