« POPE Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: How Come Nobody's Screaming about the Downgrade???

By: DGpeddler in POPE | Recommend this post (0)
Sun, 07 Aug 11 7:02 PM | 31 view(s)
Boardmark this board | (The) Pope's for real stock market report
Msg. 40607 of 65535
(This msg. is a reply to 40596 by ribit)

Jump:
Jump to board:
Jump to msg. #

ribit, too many people borrow thinking they never will have to pay it back. Some were buying homes they could not afford because they were going to sell it for a profit.




» You can also:
- - - - -
The above is a reply to the following message:
Re: How Come Nobody's Screaming about the Downgrade???
By: ribit
in POPE
Sun, 07 Aug 11 5:57 AM
Msg. 40596 of 65535

dgp
...it won't. Folks will act irrationally as usual. I say if it makes it more difficult to borrow money then we shouldn't be borrowing any.


« POPE Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next