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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (142114)	8/20/2008 4:28:33 PM
From: Peter V	Read Replies (1) \| Respond to of 306849

now that's news-worthy. LOL! Note to self: remove all petrol cans from room while lighting farts. And don't try this at the filling station.

To: Les H who wrote (142114)	8/20/2008 5:11:05 PM
From: RockyBalboa	Respond to of 306849

18%... who can do more? Let´s compete! Chilli con carne is on the house!

To: Les H who wrote (142114)	8/20/2008 9:24:58 PM
From: Les H	Read Replies (1) \| Respond to of 306849

Data compiled by Lombard Street Research shows that the M3 ''broad money" aggregates fell by almost $50bn (£26.8bn) in July, the biggest one-month fall since modern records began in 1959. "Monthly data for July show that the broad money growth has almost collapsed," said Gabriel Stein, the group's leading monetary economist. On a three-month basis, the M3 growth rate has fallen from almost 19pc earlier this year to just 2.1pc (annualised) for the period from May to July. This is below the rate of inflation, implying a shrinkage in real terms. The growth in bank loans has turned negative to a halt since March. telegraph.co.uk