Reverse Wealth Effect - Interesting Read

[green_cactus_IHB]

Interesting read @





<a href="http://www.oftwominds.com/blogdec07/feedback2.html">www.oftwominds.com/blogdec07/feedback2.html</a>

 

[effenheimer_IHB]

Charles has been calling for a positive feedback loop to form for <a target="_blank" href="http://www.oftwominds.com/blogdec06/virtuous.html">some time now</a>. I believe him.

 

[MalibuRenter_IHB]

I disagree with the author's assertion that borrowing costs are rising. They aren't. Borrowing costs are spreading. The highest-rated, most secure borowers are paying lower interest than a year ago. People, corporations, and municipalities with moderately good credit are paying somewhat more. Subprime borrowers are paying vastly more, if they can get credit at all.

 

[no_vaseline_IHB]

<p>Unless the loan is conforming, it is almost totally unaccessable.</p>

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