It’s, Like, Biblical, or Whatever
- Home ownership is “most stable financial investment”
- → everyone wants to buy a home, independent of his debt/income ratio
- → opportunistic (Capitalistic) lenders create loan packages so anyone, independent of his debt/income ratio, can buy a home
- → increased default rate affects solubility of large players in commercial paper markets
- → Bear Stearns, Lehman Brothers, Merrill Lynch, and other financial institutions falter, and others such as Wachovia and Washington Mutual essentially bought out of ruin
- → U.S. stock market down over 30% in past year, world economy struggling
- Routine medical visit
- → concern over low heart rate
- → echocardiographic stress test
- → left bundle branch block
- → adenosine cardiolite stress test
- → “A-OK”.
There’s another shoe upon the wind. I feel it in my neck.
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