The recent problems with subprime loans will eventually affect all aspects of real estate. The real estate market is supported by all home owners, including those with subprime loans. A massive jolt in one sector (subprimes) affects those in other areas (prime loan holders). The reason the market works this way is that we buy [...]
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Brad Stroh
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Giovanni Medici
An economic recovery cannot occur without a significant rebound in global trade. Global trade cannot be revived without a recovery. The difficulty in this relationship goes far beyond semantics. Governments have been pumping gigantic amounts of money to revive global economic activity, and businesses are responding as liquidated inventories need to be restocked, and industries [...]
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Jeff Walding
Simply because your credit has hit rock bottom doesn’t mean you can’t get credit help. Expensive lawyers are unnecessary people to turn to when you need help solving credit issues. Most times people that have bad credit will not get credit cards or loans. Subprime cards are often available to those with bad credit, but [...]
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Simon Barrett
A more timely book I can not think of. The mortgage world is in tatters, banks are falling in ever increasing numbers, and our flagship automotive industry is going cap in hand to the government begging for a bail out package.
Plunder makes for a very interesting read, it takes a long hard look at what [...]