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

To: John Vosilla who wrote (91059)	1/30/2008 4:18:02 PM
From: ggamer	Respond to of 110194

DOW down for the day after 0.5% rate cut. Expect to see 0.25% rate cuts every week until subprime loans become attractive again. I have several friends who moved from home financing to car financing. The same financing schemes are going on in the car business now. One friend got a financing commission check for $2000 for selling a car for $20K. Not bad for a days work. Thanks to Bernake for making borrowing easier again, these friends can bring in more stupid people into these loan. What credit bubble?