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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (417837)9/18/2008 10:58:25 AM
From: tejek  Read Replies (1) | Respond to of 1577093
 
Interesting take on all this...

I pretty much agree with the perspective. Right now, time is the valued commodity. If you're not required to make a profit this year, you can sit on these loans until they start to work. Eventually they will if you change the interest rate and generate less profit per loan.



To: Road Walker who wrote (417837)9/18/2008 12:20:37 PM
From: tejek  Read Replies (5) | Respond to of 1577093
 
Not to worry......the US fundamentals are strong!

Leading indicators fall 0.5% in August

By Rex Nutting
Last update: 10:03 a.m. EDT Sept. 18, 2008Comments: 17
WASHINGTON (MarketWatch) -- The U.S. economy looks to weaken further in coming months. The index of leading economic indicators fell 0.5% in August after a 0.7% drop in July, the Conference Board reported Thursday. "The good news on lower gas prices is more than offset by renewed, even intensified, financial market turmoil. The economy right now is so slow that it doesn't have much cushion for shocks like the recent bailouts and bankruptcies," said Ken Goldstein, labor economist at the private research group.

marketwatch.com