wagman

Stimulus Tracker: Results Are Scary

Well said Zooey. Disinflation/deflation is the operative force right now. Somewhere along the line here the realization that owning a home is a consumption choice and not the American dream will set in. If you need to be bailed out of your mortgage then maybe you shouldn't own a home right now. Homeownership can be just as big of a value trap as equities in a deflationary/disinflat... cycle. Rent, consume less and save for better times ahead (probably several years).