Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: The Wharf who wrote (4984)	3/13/2008 4:05:57 PM
From: Real Man	Read Replies (2) \| Respond to of 71409

They are nationalizing bad mortgages right now, essentially, by swapping bad mortgage paper for treasuries. The danger of that is interest rates shooting up. There will be one bailout plan after another, and, if nothing else works, direct monetization.

To: The Wharf who wrote (4984)	3/13/2008 5:33:43 PM
From: Real Man	Read Replies (1) \| Respond to of 71409

Hey, I'm not so sure there was a huge housing bubble in Warren-Troy-Farmington Hills, MI, where the 5-year home price rise was a very bubbly 0.31%. After all, there was some inflation all these years. Now, I see a lot of places like that in Michigan, and when I checked the few remaining made in USA products, I found "made in Michigan" on many. I wonder if that's a pure coincidence. -ggg- articles.moneycentral.msn.com