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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (79475)6/13/2007 3:10:17 PM
From: Mike JohnstonRespond to of 306849
 
$200 trillion in over-the -counter rate derivatives that will be affected by the increase in long term rates plus another $100 trillion in credit default swaps that are already under pressure

I would not worry about it, the Fed will print money to prop up anything that needs to be propped up.

As long as the public trusts the dollar, the Fed will be able to take advantage of this and create "wealth" out of thin air for the benefit of the few, while the rest are being crushed by inflation.



To: John Vosilla who wrote (79475)6/13/2007 3:12:14 PM
From: Mike JohnstonRespond to of 306849
 
If Goldman closes here it will be a new all time high.



To: John Vosilla who wrote (79475)6/13/2007 3:22:53 PM
From: Mike JohnstonRead Replies (1) | Respond to of 306849
 
In order for the economy to be bailed out after the tech crash, housing prices were tripled, which successfully ameliorated the effects of the stock crash.

How high do you think Ponzi Men would need to walk the SP500 up for it to cushion the effects of the housing crash ?