debt deflation

Jordan Hayes jmhayes at j-o-r-d-a-n.com
Sat Jul 27 13:31:56 PDT 2002



> Can't wait for some of these to fail! :-)

Oh yeah, and of course a lot of them are FHA insured for the difference between the mortgaged amount and the equity at death . . .

Can you say bail-out?



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