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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Tito Smiles who wrote (44962)1/22/2006 8:15:56 PM
From: Perspective   of 116555
 
<The RE bubble is the economy's Achilles heel>

I agree, except - an Achille's heel is a seemingly minor spot with major vulnerability. Real estate isn't seemingly minor. It's huge.

To make a human analogy, if the economy is a human body, real estate is the skeleton upon which all economic activity is built.

BC
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