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I don't think the Banks will be foolish enough to be as free and easy with the credit as they were during the Sub-prime mortgage bubble (unless the Feds get involved and muck it up - like they did with the sup-primes). Back then, I was getting several offers a week for Cards. Now, I see one offer a quarter, so I don't think credit cards will do it.
Before the sub-prime bubble, I was amazed at the prices on houses - too good to be true; and it was. I knew there would be a
'market correction' but I never imagined it would fall so far, so fast.
Now, the 'too good to be true' scenario seems to be all this hullabaloo about the obscenely generous Government Employee Pensions
and compensation and the Feds imposing their will in the Health Care Insurance market.
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