Boiler Room: The Official Stock Market Discussion

[Domingo Halliburton]

A $90 Billion Debt Wave Shows Cracks in U.S. Property Boom

I'm blown away at the amount of housing and commercial property lenders there are. That being said, these delinquencies going up in the article sound like big bank problems, and they're the ones bytching about having to carry too much capital.

I don't post nearly as much as I used to, but I hate this thread being in here. Who's idea was this?

 

[88m3]

I'm blown away at the amount of housing and commercial property lenders there are. That being said, these delinquencies going up in the article sound like big bank problems, and they're the ones bytching about having to carry too much capital.

I don't post nearly as much as I used to, but I hate this thread being in here. Who's idea was this?

Yeah. Banks seems to be freaking out about lending again across the board.

Idk, I think should it stay in hl though. @DEAD7 @tru_m.a.c

Forums been kinda roughly late with the election and bs.

 

[无名的]

Yeah. Banks seems to be freaking out about lending again across the board.

Idk, I think should it stay in hl though. @DEAD7 @tru_m.a.c

Forums been kinda roughly late with the election and bs.

This was the only thing that brought us together

 

[Domingo Halliburton]

Yeah. Banks seems to be freaking out about lending again across the board.

Idk, I think should it stay in hl though. @DEAD7 @tru_m.a.c

Forums been kinda roughly late with the election and bs.

Might as well call HL what it should be: Politics.... if we're going to split it up like this.

 

[Domingo Halliburton]

Regardless, Dow 20,000.

 

[phcitywarrior]

Question to my stock market people:

Could delinquent student debt become the new mortgage crisis of 2008 within a few years?

 

[Hiphoplives4eva]

Buy TWTR

 

[levitate]

Target has a shytload of volatility.

 

[levitate]

Question to my stock market people:

Could delinquent student debt become the new mortgage crisis of 2008 within a few years?

I just don't see how...as unlike other debt (including mortgage) there's no true way out of it i.e, bankruptcy.

 

[MJ Truth]

Question to my stock market people:

Could delinquent student debt become the new mortgage crisis of 2008 within a few years?

I don't see how student loan debt doesn't become that same crisis (larger, really), and pretty damn soon.

If not, it'll just be because the powers that be essentially keep pushing it back; eventually, that bubble HAS to burst.

These lawsuits against Navient are just going to accelerate shyt.

The big difference though is the fact you HAVE to pay your student loan debts back, but with so many defaults happening, some shyt has to go down.

 

[phcitywarrior]

I just don't see how...as unlike other debt (including mortgage) there's no true way out of it i.e, bankruptcy.

I guess my bigger question is, what will happen when people default on the loans? With mortgages, you filed bankruptcy and the home was foreclosed. But with student debt you can't do that. I ask this because there is a bubble and its gonna burst sooner or later. What will happen when it bursts?

 

[levitate]

BTW, rates on student loans should be capped at the lesser of 3.5% or the current 30-year bond rate.

 

[phcitywarrior]

Any good books on Finance, Investing and Household economics that you guys can recommend?

 

[levitate]

I guess my bigger question is, what will happen when u people default on the loans? With mortgages, you filed bankruptcy and the home was foreclosed. But with student debt you can't do that. I ask this because there is a bubble and its gonna burst sooner or later. What will happen when it bursts?

Well First I think you'd have to have a significant number of payers going delinquent. Which I don't foresee happening unless shyt really hits the fan.

But, for the sake of discussion - here is a solution;

Government will probably come in and "front" banks the value of all delinquent loans. Banks will have to pay the government back over the course of 5-8 years with a low, single-digit interest rate attached. Oh, and those with delinquent loans will still be on the hook to pay it off

Basically TARP 2.

Oh, and what do you mean by "u people"?

 

[phcitywarrior]

Well First I think you'd have to have a significant number of payers going delinquent. Which I don't foresee happening unless shyt really hits the fan.

But, for the sake of discussion - here is a solution;

Government will probably come in and "front" banks the value of all delinquent loans. Banks will have to pay the government back over the course of 5-8 years with a low, single-digit interest rate attached. Oh, and those with delinquent loans will still be on the hook to pay it off

Basically TARP 2.

Oh, and what do you mean by "u people"?

Lol my bad man, typo meant to just read when "people"