http://www.craigsarizona.com/joke-wallstreet-bailout-explained/ Just the ramblings of an Arizona Realtor helping his clients Mon, 26 Dec 2011 21:41:12 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.craigsarizona.com/joke-wallstreet-bailout-explained/comment-page-1/#comment-474 Craig Tue, 10 Feb 2009 22:57:43 +0000 http://blog.craigsarizona.com/?p=452#comment-474 Hi Dan, It's basically building on the idea of creating an artificial demand for an item that isn't as valuable as the price indicates, then once it is about to hit, you dump everything quickly and take the money. Houses were selling for more than they were worth, but those in a position to point that out (banks, appraisers and agents) weren't pointing it out but were going with it. Hi Dan,
It’s basically building on the idea of creating an artificial demand for an item that isn’t as valuable as the price indicates, then once it is about to hit, you dump everything quickly and take the money.
Houses were selling for more than they were worth, but those in a position to point that out (banks, appraisers and agents) weren’t pointing it out but were going with it.

]]> http://www.craigsarizona.com/joke-wallstreet-bailout-explained/comment-page-1/#comment-460 dan Thu, 29 Jan 2009 21:23:52 +0000 http://blog.craigsarizona.com/?p=452#comment-460 Hi Craig, I've seen this joke before (a friend sent this to me) and frankly I'm not sure I quite understand it. My interpretation is sort of the law of diminishing supply? Please help, Thanks Dan Hi Craig,
I’ve seen this joke before (a friend sent this to me) and frankly I’m not sure I quite understand it. My interpretation is sort of the law of diminishing supply? Please help,
Thanks
Dan

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