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


To: GST who wrote (75940)12/18/2006 7:41:37 AM
From: Mike Johnston  Read Replies (2) | Respond to of 110194
 
Joe 6 pack as he is known here will never see his consumption grow again. He is done. He will be lucky to survive the transition to global consumption amidst American debt.

Yes, JoeHousingEquity is done, but what a ride it has been !!!
Extra 2 years worth of income in each cash out refi !

The problem is that most of them think that the ride is just starting.