I was listening to a financial talk show on the radio the other day; the host was going nuts over an upcoming Treasury auction where over $140 Billion in 2, 5, and 7 year notes were going to be auctioned. This would represent the most auctioned at one time ever, and would be on top of $60+ Billion in notes auctioned the week before.
This got me to thinking about how much debt was out there and ultimately where current mortgage rates were and what direction they were headed in. Here is what I found…
The State of Debt
In my search I ran across this very sobering set of statistics about who holds the most US debt… take a look at the data, and if you’re not concerned about where interest rates and inflation are heading, then you must be asleep.
Joshua Dorkin
Charles Feldman

Ted Karsch.





Who is Better for the Real Estate Market: McCain or Obama?
by Joshua Dorkin | August 28, 2008Do you think that John McCain or Barack Obama has better policies for the real estate market?
I’m curious about how folks see the 2 major party presidential handling the real estate marketplace and I’m interested in starting a discussion taking into account, tax policy, monetary policy, and other factors. I don’t want to hear [...]