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


To: GraceZ who wrote (49019)1/8/2006 1:34:32 AM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
"That is why I said that houses are consuming savings"

Wasn't that much more true during the Ozzie and Harriet days of the 1950's and 60's where people actually paid off their mortgages and didn't view their home as an investment vehicle and ATM like today? I call what is going on today overexpansion of credit and misallocation of capital..