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[RT] Re: Digest (06/25/2000 11:30) Special Issue (#2000-413)



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James Taylor wrote:

> I saw the first (of many to come) 'Will Work for Food' sign carrying beggar
> at the grocery store today.
>
> Economic Boom,  ha !
> The bust will sure be real though.
> real severe and real long lasting.

JT,

  You will know we are near the bottom of the Depression when you go to the
bank and see out of work Economists with sign "Will Justify Economic Data For
Food".

Dismally,

Norman

>
>
> ----- Original Message -----
> From: "JW" <JW@xxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Sunday, June 25, 2000 8:56 PM
> Subject: [RT] RE: Re: Digest (06/25/2000 11:30) Special Issue (#2000-413)
>
> > Hmmm... I hadn't seen this statistic mentioned anywhere before.  Be
> > nice to verify and track it though.  Might be a good tell toward the
> > real story of the economy.  Is this number collected and published
> > anywhere that is publicly available?
> >
> > JW
> >
> > -----Original Message-----
> > From: listmanager@xxxxxxxxxxxxxxx
> > [mailto:listmanager@xxxxxxxxxxxxxxx]On
> > Behalf Of Marlowe Cassetti
> > Sent: Sunday, June 25, 2000 7:07 PM
> > To: realtraders@xxxxxxxxxxxxxxx
> > Subject: [RT] Re: Digest (06/25/2000 11:30) Special Issue (#2000-413)
> >
> >
> > A realtor friend of pointed out that in some counties of Colorado the
> > home
> > repo rate is 10 times last years rate.  She also stated that repos are
> > up
> > across the USA, but she didn't see it as a softening of the
> > real-estate
> > market.  It is only a reflection of couples over their heads in credit
> > card
> > debt then onto home equity loans and finally home repossessions.  Not
> > a good
> > economic sign.
> >
> >
> > ----- Original Message -----
> > From: <listmanager@xxxxxxxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Sunday, June 25, 2000 12:30 PM
> > Subject: [RT] Digest (06/25/2000 11:30) Special Issue (#2000-413)
> >
> >
> >
> >
> >
> >
> >
> >
> >