22
Dec
The Second Wave of Monetary System Failure - Option ARMs and Alt-A loans
Author: admin // Category: Uncategorized90210bt asked:
Option ARMs and Alt-A loans this will be worse than the sub prime mortgage crisis. Ordinary ARM loans, which are riskier than fixed-rate loans, apparently arent risky enough for many borrowers. The MBA says that their market share fell from 46% in the second half of 2004 to 36% in the first half of 2005. Why? Partly, it seems, because more people chose option ARMs. Those, of course, are specialty ARMs that give you the option to pay even less than the monthly interest you owe. The unpaid …
December 25th, 2009 at 10:04 am
1.Cover your mouth with your hand.
2. make a wish into it.
3. close your hand(make it into a fist)
4. hold your hand(the fist) to your heart for five seconds
5.send this to 3 more videos
6. Tommorw will be the best day of your life
December 25th, 2009 at 9:09 pm
just like jim rogers says. the famers and miners will be the next millionaires and the banking elite will be bankrupt.
December 28th, 2009 at 2:13 pm
Other countries are probably going to be worse than us and eventually China is going to cash in what’s left of the trillion plus dollars they lent us before it’s not even worth the paper its printed on and this will lead to the crash of the dollar. 1000 dollars for a bag of wheat!?!?!?!?!? We should let all these greedy bastards go bankrupt and reorganize.
December 28th, 2009 at 6:33 pm
the stock market will lose 90% of its value. Then inflation will hit after confidence is lost in the bond market. This is inevitable. I’d be looking for another country to move to right about now.
December 29th, 2009 at 1:05 am
What if your landlord defaults on your rental? Renters are not necessarily free from the mortgage crisis. They may still be impacted depending on their landlords behavior.
December 31st, 2009 at 11:22 pm
damn this is an important vid
January 1st, 2010 at 2:57 pm
America is fucked! Huge violence coming! People will just go mad!The **** is going to hit the financial fan!
January 2nd, 2010 at 11:49 am
This is fucked. THis is looking really scary for a good decade.
January 5th, 2010 at 12:19 pm
America is fucked! Second and third wave of toxic morgages is going to kill off the economy! Lol-”Exotic”! How the hell can u call it “Exotic” is beyond me! Thank god I don’t have a morgage or any loans to repay! The **** is going to hit the fan, big time!
January 7th, 2010 at 7:19 am
i hope the money gurus will make same miracles, yes that’s what we need..
January 8th, 2010 at 12:02 pm
Glad I rent!
January 9th, 2010 at 5:17 am
ohohnobody listens
January 9th, 2010 at 4:00 pm
looking scary for the next few years to come