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Sensible Lending Standards

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April 27, 2008 – Comments (3)

 I am back to using docstoc for this post as it makes putting a table in much easier.  The tables you've seen in previous posts have been very labour intensive to include.

Unfortunately you can't do links in it, it is always something...  The links: 

 What Can A Housing Bubble Teach.

 Low Interest Rates - The Two Faces of Dr Jekyll and Mr. Hyde.

I really think the tables that show how much more difficult it is to get control of low interest debt in the low interest rate post are worth studying.  Low interest rates are bad because lending standards do not correct for the problems they create, of which my very humble opinion on how to fix it follows. 


Sensible Lending Standards - Get more documents 

3 Comments – Post Your Own

#1) On April 27, 2008 at 3:42 AM, dwot (75.87) wrote:

Home prices down 29%... in California.

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#2) On April 27, 2008 at 9:36 AM, dwot (75.87) wrote:

Greenspan and Bush to Blame for US Crisis: Stiglitz

 I couldn't agree more with that one.  They have ensured that the new America will not look anything like the old America.

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#3) On April 27, 2008 at 9:42 AM, dwot (75.87) wrote:

 Unbelievable...

http://online.barrons.com/article/SB120917419049046805.html

I am indignant.  People should be able to just live their lives without idiots like Greenslim messing the rules up so badly there is no recovery.

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