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Interest only loans
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mikado
Posted 6/28/2025 04:33 (#11278287 - in reply to #11278237)
Subject: RE: Interest only loans


SW WI
Well……there is that casino deal that I would call an unsuccess…***

I haven’t kept up to this market talk /TPP hybrid lately so I don’t know what dirt is referencing. But I do know this……interest only is lipstick on a pig. History proves that.

Could not believe, in the boom years of e plant building, one local promoter in front of the room proposed that to bankers. He also proposed farmers use their land as collateral for the plant.

Boom and bust railroad history of the 1800’s flashed before my eyes.

Edited by mikado 6/28/2025 04:38
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