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To: Southack

What is a bank going to do when inflation is at 7% but has loans at 5%? If the bank is in trouble it will call in it's 5% loans. Wouldn't you? What if inflation is at 20%? Think the banks can afford to lose 15% on hundres of billions of dollars? I don't.


210 posted on 11/27/2004 7:57:13 PM PST by jpsb
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To: jpsb

Show me *one* example of an American bank calling a *performing* home mortgage due to foreign exchange Dollar devaluation.

You can't do it (because you are making up "jpsb economics" out of your butt).

224 posted on 11/27/2004 8:09:44 PM PST by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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