Archive for November 16th, 2006

Thursday, November 16th, 2006

Recursive Credit Card Arbitrage – The Banks Downfall?

There are numerous blogs dedicated to discussing the so called “housing bubble” in which many speculative buyers borrowed heavily to buy homes in expensive areas (Nevada, California, Florida) hoping to score a big return in a short time period who are now drowning in mortgage debt. What is often not discussed are those people who […]

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