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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: pogbull who wrote ()12/3/2002 12:42:24 AM
From: Elroy JetsonRead Replies (2) of 306849
 
It's interesting watching this all unfold. I don't think the US Dollar will fall as competing currencies are being rapidly printed as well.

I also don't find the rise in the CRB significant longer term. The primary rise is in the price of grains which are responding to the drought in Australia and the Southern Hemisphere.

"The drought, now one of the worst since records began in 1913, spells devastation for summer harvests and is already pushing up food prices as farmers endure one of the driest years in nearly a century."

smh.com.au

I think we primarily face long term deflationary problems from excess production and excessive debt.
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