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To: Hydroshock
Advertising is the least of our problems because subprime fiasco has destroyed confidence of lenders and borrowers. Fed lowering rates will not help, problem is psychological.

This signals that the current credit cycle is over and risk premiums are going back to normal levels.

Too bad the debt junkies have to go into withdrawl because the economy became dependent upon their free spending ways.


BUMP

3 posted on 08/22/2007 5:15:47 AM PDT by capitalist229 (ANDS)
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To: capitalist229

I think we have no were near seen the worst yet.


4 posted on 08/22/2007 5:18:51 AM PDT by Hydroshock ("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
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