#11
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Re: Time for a recession? and the Fed
[ QUOTE ]
But the bigger one would probably be as the result of the recent subprime implosion forcing banks to tighten up lending standards. It will be a catastrophe if the problems of the subprime start to infect the prime mortgages. [/ QUOTE ] It's happening, not the best article, but this should give you an idea of what's going on and Alt A loans: Subprime, Alt A mortgages |
#12
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Re: Time for a recession? and the Fed
People and governments lie; free markets don't.
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