tag:blogger.com,1999:blog-6740983.post1451279376412561991..comments2023-03-28T04:45:47.755-05:00Comments on The Thorn Papers: Competing Economic HeadlinesMitchhttp://www.blogger.com/profile/02965471254796806972noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6740983.post-11810449991820157962008-06-12T09:34:00.000-05:002008-06-12T09:34:00.000-05:00Unfortunately, we're in agreement blabrmouth. Espe...Unfortunately, we're in agreement blabrmouth. Especially when you consider the fact that a veritable tsunami of ARMs will be resetting in April of next year....combined with the Fed making noise about raising interest rates (which is necessary to offset inflation, but will also make it far less likely that those ARM holders will be able to refinance their way out of looming foreclosures).<BR/><BR/>It'll be 2010, at the earliest before the market begins to stabilize, let alone rebound. <BR/><BR/>Thanks for the comment. I'll be checking out your blog.Mitchhttps://www.blogger.com/profile/02965471254796806972noreply@blogger.comtag:blogger.com,1999:blog-6740983.post-81970546301546727302008-06-12T09:10:00.000-05:002008-06-12T09:10:00.000-05:00And I thought I was a doomsday proponent! It is go...And I thought I was a doomsday proponent! It is going to get worse...much!Anonymousnoreply@blogger.com