http://www.iht.com/articles/2006/12/07/bloomberg/bxbux.php
Hmmm. If the Europeans increase rates, how exactly are we supposed to reduce ours? In fact, how can we even keep ours flat?
The economic effects of these bubble are just coming out now. Wait until the end of Q1 2007. Then we will really see what's what. Foreclosures, anyone?