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FinancialAdvisor

05/20/09 10:39 AM

#5933 RE: FinancialAdvisor #5932

Dollar is tanking hard today creating inflation despite the global economic slowdown, the world is demanding more dollars for essential goods and services as they become worth less and less.

This is going to create interest rates to rise, and rise fast, this is not bullish for the banks in the light of more ARM resets coming throughout this year and next, as well as Commercial Real Estate on the verge of collapse.