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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: sea_biscuit who wrote (90959)	1/29/2008 3:51:25 PM
From: Pogeu Mahone	Respond to of 110194

Cash here and now is fine if you are shopping for RE. A lawyer just called and offered me a full 60 unit apt. building 40% below the price it last changed hands. (a short sale) This is in Boston.

To: sea_biscuit who wrote (90959)	2/2/2008 9:14:30 PM
From: glenn_a	Respond to of 110194

Hi sea_biscuit. I commented: ((I think most people who hold cash do it to save. I don't know too many people who aspire to get rich holding cash. Do you?)) You replied: ((That is just another way of saying that you don't know too many deflationists!)) That's actually pretty funny. :) You commented: ((I know, I know - it is rather ridiculous to think that something that Bernanke has PROMISED to drop from helicopters if need be, would actually INCREASE in value! But then it takes all types to make this world! :-) )) I've come to not trust Central Banker's "promises". They have their own agenda, and their promises reflect their stated case for supporting their agenda at a particular point in time. Sort of like politicians. Remember, "No new taxes" ... and "I did not have sex with that woman"! g