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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Mike Johnston who wrote (79021)5/13/2008 4:01:52 AM
From: mishedlo   of 116555
 
House prices are down 25% in may places.
Hundreds of thousands of dollars.

Of course you were screaming your fool head off on the way up, now it is buried in the sand on the way down.

As for me, I am watching credit get marked to market, and banks scrambling to raise capital.

Mish
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