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Re: Dangerous Road Ahead
smartdog 670: You're absolutely right.
posted by
WavyDavy
on September 15, 2007 at 7:38 PM
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Dangerous Road Ahead
I'm certainly not an expert, but increased unemployment, sky high mortgage default rates, and a downward trending market don't exactly point to a bright economic future. In my opinion, the rate decrease will do nothing - it may even cause investors to run for the exits.
Fortunately, I'm already poor, and I rent, so I don't have to worry about losing all my hard earned equity.
Good to know that someone cares about this stuff.
Be well,
-smartdog
posted by
smartdog_670
on September 8, 2007 at 8:26 PM
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WavyDavy
Great qustions, no answers (from me) - sorry - 
posted by
Enigmatic68
on September 8, 2007 at 8:22 PM
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