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1 in 6 homes now underwater, markets decline at pace not seen since 1937...

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galileoreloaded Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-07-08 11:39 PM
Original message
1 in 6 homes now underwater, markets decline at pace not seen since 1937...
and people still think it is not collapsing. Just don't come to my house for food, you were warned.

When this round of dollar deflation is over, the inflation will kill you. Bullion, bullets, and beans, for the win.


Article on the housing depression.
http://online.wsj.com/article/SB122341352084512611.html

Great article on why the dollar is being propped up.
http://www.itulip.com/forums/showthread.php?p=52818#post52818

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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-07-08 11:41 PM
Response to Original message
1. Excuse me?
Don't come to your house for food?

Wow.

My door is open as long as there's a bag of blackberries in the freezer.

And yet another..

yeesh.

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galileoreloaded Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-07-08 11:45 PM
Response to Reply #1
3. I was kidding.
should have used the :sarcasm: button.
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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-07-08 11:47 PM
Response to Reply #3
4. That's good to hear
Seriously, you never know around here. :hi:
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SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-07-08 11:42 PM
Response to Original message
2. The re fi and equity game took it all away, and now the house is just temporary shelter from rain
If your house is where you LIVE, and yuou did not buy more than you could afford, and you did not suck the equity out, you will be fine:)
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