Off-Topic: Economic Downturn
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Name:   wix The author of this post is registered as a member - Email Member
Subject:   Economic Downturn
Date:   12/18/2008 10:36:38 PM

I have read that about 50% of the homes in repossession are investor owned by people caught trying to rent for awhile and then flip for a huge profit. They're upside down now so they just walk away.

Oil prices went crazy because of speculators. The only people who kept saying that it wasn't the speculators were the speculators and those selling the contracts. I hope they all were left holding the bag.

Also, read that many of the hedge funds will bite the dust soon. If we could get the manipulators out of the market everyone would be better off.
Other messages in this thread:View Entire Thread
Economic Downturn - Webmaster - 12/18/2008 12:26:32 AM
     The Trucking Industry - Webmaster - 12/18/2008 12:32:02 AM
     Economic Downturn - wix - 12/18/2008 8:24:43 AM
          Economic Downturn - Talullahhound - 12/18/2008 8:48:45 AM
          Economic Downturn - water_watcher - 12/18/2008 9:20:55 AM
               Economic Downturn - wix - 12/18/2008 10:36:38 PM
                    Economic Downturn - water_watcher - 12/19/2008 5:40:14 AM



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