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Re: The Trillion-dollar bet
- To: PEN-L@xxxxxxxxxxxxxxxx
- Subject: Re: The Trillion-dollar bet
- From: Jim Devine <jdevine03@xxxxxxxxx>
- Date: Thu, 16 Jun 2005 15:07:40 -0700
- Domainkey-signature: a=rsa-sha1; q=dns; c=nofws; s=beta; d=gmail.com; h=received:message-id:date:from:reply-to:to:subject:in-reply-to:mime-version:content-type:content-transfer-encoding:content-disposition:references; b=oS5g5iF1HqVReC0Lxc3bUYbrIOyhsoOB4ohU9A8pBT513iE3YxuNxyosKgzUq9BCl69Bv6KCVTpVY51kMI1aqaiDusGk+MVyYADn+2Zlbd45LBOHxFmXjPM56Hwc6oyuuNKylFIQW6tyDk8h44HeF+Myyl7S+2B70EB98O4f2yw=
yeah, they'll go to zero when the recession hits. Bubble economy anyone?
On 6/16/05, Doug Henwood <dhenwood@xxxxxxxxx> wrote:
>The share of adjustables has risen even as interst rates
> were at geenerational lows. Maybe the borrowers are right, though,
> and rates will go to 0%.
>
> Doug
--
Jim Devine
"Segui il tuo corso, e lascia dir le genti." (Go your own way and let
people talk.) -- Karl, paraphrasing Dante.
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