Christopher Low Quotes
It's nice to know that the Fed is taking (exotic home loans) seriously. It looks like (Greenspan's) trying ... to squeeze out the speculative element in housing; they don't want a repeat of the stock bubble.
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Nice | Exotic | Loans | Squeeze | Speculative |
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You can see this clear, ongoing deterioration. And what's scary about this is it's still accelerating.
- Christopher Low
