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


To: J. P. who wrote (156031)10/10/2008 8:46:50 AM
From: Chas.Read Replies (1) | Respond to of 306849
 
That means we have to go back to 1984 or so and a Dow at 2000 as in 1988....

is that where we are headed...???

regards



To: J. P. who wrote (156031)10/10/2008 9:29:27 AM
From: Dan3Respond to of 306849
 
Re: How do you know they will use their FICA break to pay down debt?

That's the thing, it would solve the problem, too.

Pay back the lenders, the bonds based upon those loans become good, and the banks, etc. are back in business.