Quote:
Originally Posted by rhetorical
I never said I was and you will never know. It is just an observation of the impact of the plummeting dollar.
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Relax Chicken little. The sky isn't falling. The good 'ole American dollar has a way of rebounding.
It was the rampant housing industry sloshing money around 2 years ago that started it. Then the government, in their infinite wisdom, thought it might be a good idea to raise interest rates. Thereby putting hundreds of thousands of Adjustable rate borrowers into negative cash flow hell.
Result: Foreclosures are at an all time High.