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Re: santafe2 post# 3562

Wednesday, 11/26/2003 7:03:57 AM

Wednesday, November 26, 2003 7:03:57 AM

Post# of 117070
Thanks Eric....economics/markets dislike imbalance. This economy is relying on the "money pump" from Washington, the interest rate cap from the FEDdlers and the new "Cash Cow" inflated real estate. Remember when your home was an abode? Not any more! It's just another asset to exploit. I think bond traders and even equity traders are concerned that when this begins to unravel it could be extraordinarily ugly. The demand for gold and the record number of personal bankruptcy (400,000) last quarter are indicators that all is not so well. How much are those homes really worth.

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