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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: John McCarthy who wrote (71941)12/3/2007 9:02:43 PM
From: Chispas  Respond to of 116555
 
If future prospects are worsening combined with current bad loans, banks will became more conservative in lending money. Deflationary pressures from a slowing economy will contribute
also to the need for rebuilding and increasing bank reserves.

Prospects for new real estate loans in the locations you mention will be slim.