The Mudcat Café TM
Thread #75767   Message #1334576
Posted By: GUEST,heric
21-Nov-04 - 02:34 PM
Thread Name: BS: How low can it go? (USD question)
Subject: RE: BS: How low can it go? (USD question)
One person's prediction (in the New York Times this weekend, I think), said that it could fall 40%. Of course he probably said that to get quoted, but sttill, since a fall preceded the massive interest rates of the 70's, I intend to immediately abandon the adjstable mortgae that has served me so well for fifteen years.