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

To: Jim McMannis who wrote (37939)8/5/2005 8:07:51 PM
From: Crimson Ghost  Read Replies (2) | Respond to of 110194
 
Houses have been tax favored for a long time but the bubble did not begin until Greenie slashed rates to absurdly low levels in 2002.

Low rates and incredibly lax lending standards fueled by the derivatives explosion the primary forces behind the bubble. Tax favors just the icing on the cake.



To: Jim McMannis who wrote (37939)8/5/2005 8:24:47 PM
From: Broken_Clock  Read Replies (1) | Respond to of 110194
 
For a real kick in the ass Shrub could cancel the 500k. Wouldn't that be hoot? can you imagine?

Got riot gear in suburbia? Got APC's in Laguna Beach? LOL!


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