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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (89481)10/31/2008 12:14:00 AM
From: mishedlo  Read Replies (2) | Respond to of 116555
 
The problem with lending it out is they will once again be in a horrid position with reserves as credit card defaults and foreclosures rise.

They cannot lend it out as you suggest.

Mish



To: ajtj99 who wrote (89481)10/31/2008 12:19:16 AM
From: mishedlo6 Recommendations  Read Replies (3) | Respond to of 116555
 
Construction Grinds to a Halt in Vancouver
globaleconomicanalysis.blogspot.com
Mish