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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (69831)9/15/2006 12:47:19 PM
From: John Vosilla   of 110194
 
What I love about this board is there seem to be about 3-4 angles to this story. Personally I think pass through of costs of real estate and energy take time to filter their way through the economy. We've only just begun even if home prices nationwide drop an average 20% and gas prices go back to $2.

People here in Florida freaking out over tripling of RE taxes and insurance in three years. Everybody eventually pays for it, the consumer if he wants his goods and services and the retailer if he still wants to stay in business and make a profit.

My good friend Grace says no one is worrying about inflation and rising costs of living. I disagree 1000% when it pertains to real working people. That is the number one topic in the editorials and letters to the editor of local papers near me.
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