Quote:
Originally Posted by SteveSouthwood
I do - but not all. Which ones would you recommend and why?
|
I wouldn't convert my millions of ZIMs into USDs just yet. Remember, even though they propped the market up for the day, we still have major no growth housing issues, and a new lower interest rate. More dollars spent on less product = less value.
They just propped up a bunch of lenders that still are going have major issues because they won't have people to lend to, and less people to collect from as current loans are defaulted on. They are just prolonging.