2 rate hikes, not just 1, page-45

  1. 1,278 Posts.
    glennster.. i wont say it CANT happen. but how much do you want the world to end?

    think about,

    lets say houses drop 50%. Why would that happen?

    IRs at 15%
    unemployment >15%
    rush on the banks or other financial collapse

    etc, etc

    what that really transpires to is banks not lending, people unemplpoyed etc meaning that those waiting for the BIG ONE may not have a job when it happens or be REFUSED CREDIT.

    be careful what you wish for.
 
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