Loan Modification

For Inflation, It's "Anchor's away"

By Implode-Explode Heavy Industries

While "the market" is probably wrong on the timing of the recovery, this piece does highlight an important dynamic: if things are recovering, we definitely have an inflation problem. If things do not recovery, we have a depression problem. In other words, heads, we lose, tails, we lose (no one wins). Or put another way: the piper must be paid for 25-35 years of financial excesses.

Full post as published by Mortgage Lender Implode-o-Meter on April 28, 2009 (boomark / email).