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What credit crisis?

iGas

Diamond Member
Is the credit crunch over?

Out of the blue today, one of my bank called to offer a $12,000 credit limit Visa.

Another puzzling thing is that mortgage rate is at an all time low, and banks are loaning money to people that do not have the capability to own a house, let alone a Mc mansion.
 
Everyone knows that the solution to lending too much money to too many idiots, is to lend even more money to an even bigger number of idiots.

 
Originally posted by: Slew Foot
Everyone knows that the solution to lending too much money to too many idiots, is to lend even more money to an even bigger number of idiots.

Obama?
 
Originally posted by: Slew Foot
Everyone knows that the solution to lending too much money to too many idiots, is to lend even more money to an even bigger number of idiots.

hahaha
 
The credit crisis will be over when the commercial paper market is back to normal and it's not.
 
Originally posted by: iGas
Is the credit crunch over?

Out of the blue today, one of my bank called to offer a $12,000 credit limit Visa.

Another puzzling thing is that mortgage rate is at an all time low, and banks are loaning money to people that do not have the capability to own a house, let alone a Mc mansion.

I'm ready for housing bubble round 2
 
Originally posted by: Udgnim
Originally posted by: iGas
Is the credit crunch over?

Out of the blue today, one of my bank called to offer a $12,000 credit limit Visa.

Another puzzling thing is that mortgage rate is at an all time low, and banks are loaning money to people that do not have the capability to own a house, let alone a Mc mansion.

I'm ready for housing bubble round 2

Not yet. I need to buy a house first.
 
Originally posted by: Udgnim
Originally posted by: iGas
Is the credit crunch over?

Out of the blue today, one of my bank called to offer a $12,000 credit limit Visa.

Another puzzling thing is that mortgage rate is at an all time low, and banks are loaning money to people that do not have the capability to own a house, let alone a Mc mansion.

I'm ready for housing bubble round 2

You won't have long to wait...

http://www.businessweek.com/li...p+news+index_lifestyle
 
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