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Re: PK on GDP surge - what could a socialist say ?

To: PEN-L@xxxxxxxxxxxxxxxx
Subject: Re: PK on GDP surge - what could a socialist say ?
From: Doug Henwood <dhenwood@xxxxxxxxx>
Date: Fri, 31 Oct 2003 15:50:23 -0500

Devine, James wrote:

it's based on the expected future market value of the
house, which is mostly based on its current market value.


And you can borrow against your equity! It's a money machine.

References:
- Re: PK on GDP surge - what could a socialist say ?
  - From: Devine, James

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Thread context:
- China policy question, michael Sat 01 Nov 2003, 02:30 GMT
- EU on US' China policy, Eubulides Sat 01 Nov 2003, 01:57 GMT
- Re: PK on GDP surge - what could a socialist say ?, Devine, James Fri 31 Oct 2003, 20:40 GMT
  - Re: PK on GDP surge - what could a socialist say ?, joanna bujes Fri 31 Oct 2003, 20:47 GMT
  - Re: PK on GDP surge - what could a socialist say ?, Doug Henwood Fri 31 Oct 2003, 20:50 GMT
  - <Possible follow-up(s)>
  - Re: PK on GDP surge - what could a socialist say ?, Devine, James Fri 31 Oct 2003, 20:50 GMT
- Re: In defence of Krugman and against Alexander Cockburn: choice oftargets, Devine, James Fri 31 Oct 2003, 20:34 GMT
  - Re: In defence of Krugman and against Alexander Cockburn: choice oftargets, troy cochrane Sun 02 Nov 2003, 13:34 GMT
  - <Possible follow-up(s)>
  - Re: In defence of Krugman and against Alexander Cockburn: choice oftargets, Carl Remick Sat 01 Nov 2003, 14:14 GMT

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