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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (30118)2/29/2008 12:42:10 AM
From: TobagoJack  Respond to of 220026
 
the homes, even when at half of current nominal price, would still be over-valued in the context of higher effective taxes & tithing, and wrapped within a debt-puffed economy that most folks believe correctly measured by gdp in terms of us$

zimbabwe can have any gdp it wants, as long as it is measured in zimbabwe dollars

by the uncapitalized gold standard, the empire's economy is and has been, and will be for a long time, in depression, and that is why the middle class is less middle than before and will less middle still

all cb is doing is clearing the ledger so that a new round of bankruptcies of lenders and debtors can be set up, and hammered down, and the law proposals she backs will just make the next round more efficient still

the issue is systemic, cultural, and is primarily due to ignorance, and has nought to do with law and such



To: Maurice Winn who wrote (30118)3/1/2008 2:00:37 AM
From: Ilaine  Read Replies (1) | Respond to of 220026
 
It's a weird market now, Mq.

Big disjunctive between people with no skin in the game and people with skin in the game.

No more 100% loans, though, not in the foreseeable future. Lenders finally tightening standards (not a moment too soon).