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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: SGJ who wrote (17503)8/18/2009 6:20:21 PM
From: Broken_Clock  Read Replies (1) | Respond to of 103300
 
Glad to hear that. Did you read deutsche Bank's vision on res and CRE?

Estimating 48% of ALL homes in US having negative equity by 2011 sometime

Estimating 5060% default rate on resetting CRE by EOY 2012. I've seen estimates of resets by 2012/3 of $4T in CRE so we are talking the biggest bloodbath in US history AFA CRE is concerned. What will all those service economy minimum wage clerks do?