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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (55420)	9/24/2009 12:45:47 AM
From: TobagoJack	Read Replies (1) \| Respond to of 217825

<<I feel as if there was an unadvertised credit crunch, globally>> do not see the same. money is available for the asking on money rock hk, freedom mountain kowloon, and liberty isles lantau and lamma, at prime less 2.15% (prime at 5%) for 70% of assessed value. we get calls on mobile when riding around from a to be, from bank staff pitching loans. i do not know that there are many takers.

To: Ilaine who wrote (55420)	9/24/2009 1:18:15 AM
From: elmatador	1 Recommendation Respond to of 217825

welcome back home, CB!

To: Ilaine who wrote (55420)	9/24/2009 5:08:59 PM
From: Maurice Winn	1 Recommendation Read Replies (2) \| Respond to of 217825

Tightening of credit market? No way. I have money to lend right now. How much do you want? < I am working hard on obtaining financing for the sale of a Ford E450 commercial truck that fell through, my guess is due to tightening of the credit markets. I feel as if there was an unadvertised credit crunch, globally.> The problem is not so much that there is a credit crunch as that those who want to borrow don't have collateral to offer, or think they can borrow for a very low interest rate. It's like employers moaning because they can't get employees. My suggestion is to try tripling the pay rate they are thinking of. What the employers invariably mean is that they can't get serfs. Similarly, employees moan that there's no work. There is plenty available, they just don't like the pay rate. There is often a problem because it's illegal to pay people what they are worth [minimum pay laws]. It's odd that the USA constitution makes it illegal to be alive = people are not allowed to work for less than the minimum pay rate and if the person needs the work to stay alive then they are legally excluded from life. Mqurice

To: Ilaine who wrote (55420)	9/25/2009 9:54:04 AM
From: elmatador	Read Replies (2) \| Respond to of 217825

Why Europeans are afraid: "hard to think of a parallel in history. A country heavily in debt to foreigners, with a government deficit it is making little attempt to control, is creating vast amounts of additional currency. Yet it is allowed to get away with very low interest rates. Eventually such an arrangement must surely break down and a new currency system will come into being, just as Bretton Woods emerged in the 1940s. Chucking the buck economist.com Thus, Europeans are afraid we will come on top and they will have to tow the line.