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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (329325)3/18/2007 10:05:52 AM
From: Road Walker  Respond to of 1586289
 
re: Every damn housing cycle goes the same way. First, they lend to legitimate buyers. And when they run out, they go after the marginal buyers......12 to 24 months later, the marginal buyers start defaulting.

And then they will tighten standards too much, and exacerbate the decline in the market (by eliminating qualified buyers).