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Old 03-30-2005, 07:11 PM  
rickholio
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Join Date: Jan 2004
Location: Nor'easterland
Posts: 1,914
Quote:
Originally Posted by Chupachups
Dude, for fucks sake.... I have a degree in economics. And yeah, think real hard about it and youŽll understand I am not trying to get any sig impression....
I'm curious... if you have a degree, you should be more capable of giving a reasoned response than the general GFY troglodytic rabble.

What's your impression on the rapidly flattening yield curve? I'm seeing those short term rates shooting up up up with no end in sight (and they're ever talking about acceleration of rate increases from 25 to 50 BPs, possibly more!)... a classic sign of pending recession.

I'm also curious as to your impression about the hyperheated real-estate market (people buying 2nd houses entirely on credit, largely on floating rate loans) given the current trends in interest rate growth, weakening dollar, and the new "fuck the little guy" bankruptcy legislation.
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