Defaults on commercial loans will dwarf dollar amounts in residential
glen @ March 16, 2009 # No Comment Yet
As I have said before, commercial loan defaults will hit a full month before credit card defaults, coming due by June. Bond payments are going to become 40 cents on the dollar by years end, due to commercial bankruptcies. Here is another effect of commercial loan defaults at the first tier. From msnbc.com It wasn’t [...]
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Are you Kidding me? (Un) Real Numbers
glen @ September 10, 2008 # No Comment Yet
Some of us are familiar with the many statistical tactics used by various interests to ensure you only see what they want you too see. Like the latest mass media attempt at telling us the presidential election is a “Tie” because the “Polls” tell us so. More important, the “Unemployment” numbers released weekly and sales [...]
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