The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: orkrious who wrote (265447)	7/31/2010 6:30:42 PM
From: No Mo Mo	Read Replies (1) of 306849

For perspective's sake, it might be worthwhile to acknowledge that you live in one of the epicenters of real-world, US economic decline. <NG> Just as spending too much time pouring over websites filled with grim economic data can darken one's disposition, basing yourself in the rust belt adds an extra dimension to the challenge of seeing ways forward. "This is a slow motion train wreck." The operative words being 'slow motion'. The Japs had a lost decade. That's become two now. The US economy has a lot more inertia to reverse. Plus, most of the major players will pull in the same direction to keep the game going. It benefits very few if the entire machine goes off a cliff. By the time it does, my life could pretty much be spent.

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