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SVTPerformance's Chain of Restaurants
Road Side Pub
Interest rates hikes
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<blockquote data-quote="VenomVeins" data-source="post: 16030891" data-attributes="member: 144726"><p>No.</p><p></p><p>There will be another burst when the lenders really open the floodgates and let anyone with a mcdonalds paystub buy in.</p><p></p><p>We’re looking at a 3-5 year window at this point-essentially once the big ‘hit’ comes in the form of a massively ballooning mortage payment for tens of thousands of subprime mortgages is when we’ll see the multitude of defaults and a subsequent crash.</p><p></p><p>Of course, the lenders and bank dipshits will say ‘we cant let this happen again!’ And tighten things up for a few years......and then it will happen again. Wash, rinse, repeat.</p></blockquote><p></p>
[QUOTE="VenomVeins, post: 16030891, member: 144726"] No. There will be another burst when the lenders really open the floodgates and let anyone with a mcdonalds paystub buy in. We’re looking at a 3-5 year window at this point-essentially once the big ‘hit’ comes in the form of a massively ballooning mortage payment for tens of thousands of subprime mortgages is when we’ll see the multitude of defaults and a subsequent crash. Of course, the lenders and bank dipshits will say ‘we cant let this happen again!’ And tighten things up for a few years......and then it will happen again. Wash, rinse, repeat. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Interest rates hikes
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