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Non-Tech : Deflation -- Ignore unavailable to you. Want to Upgrade?

To: JF Quinnelly who wrote (353)	8/10/2007 2:13:01 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 621

Fq, I am happy to act as borrower of last resort. I will take all the money that Big Ben can produce. My terms are 0.1% interest with a 30 year repayment date. <"no way, dude. We aren't lending nothing to nobody." It's the old pushing on a string problem. > Heck, if he twists my arm, I'll cut it to 20 years. AND raise my interest payments to 0.5%. I would love to own 100,000 houses in California, Hawaii, across the USA and around the world. Imagine how much rent I would collect. I'd have accommodation available all over the place. I could just go and stay in the empty places while they wait for tenants. I'd even buy a few $billion in mortgages in default at the right price. I'd cut the "owners" interest rates and they could stay in the houses; to save me looking for tenants. A few corporate jets would be nice to whisk me around the place without the hassle of airport queues. Mq