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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: $Mogul who wrote (2842)	12/4/2007 11:18:30 AM
From: Paul Kern	Respond to of 71456

That is pretty crazy. Lenders don't even want to lend at this point, it is pretty obvious. 1) They don't know what their paper assets are worth. 2) They are worried about meeting reserve requirements. 3) They finally want to be paid for risk.

To: $Mogul who wrote (2842)	12/5/2007 4:48:18 PM
From: Real Man	Read Replies (2) \| Respond to of 71456

This should end soon. Maybe post-housing bubble trouble is hitting da bottom, at least some housing indexes are pretty low, as low as they ever were. I'm not sure if 25 bp or 50 bp more will do it as folks refi into fixed. I live in a relatively large place worth around 170K. Can you buy that in Europe or Japan? Rent in London would pay off some US houses in 2 years. -g- Sure, there are bubble areas, but then again, some othere areas are not. As we inflate M3 at 18%, houses are depreciating fast in real terms -g-