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ProShares Trust - ProShares UltraShort Real Estate Message Board

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  • lzymoney01 lzymoney01 Apr 9, 2008 2:49 PM Flag

    IMF Says Financial, Economic Losses May Swell to $945 Billion

    IMF said the that the Subprime problem was not going to be that big of a deal, now they say 945 billion? I think its going to be like 1.5 Trillion when its all said and done, RE is headed lower, especially if we loose jobs, and then have to rise interest rates to fight inflation starting next year, there are already 9 million homes with negative equity that might double. this is a much bigger problem then most people think, it will take years for us to get out of this mess

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