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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: tony who wrote (7907)1/6/2003 11:06:36 AM
From: MSIRead Replies (2) of 306849
 
We have a tough time ahead

Yet no policy discussions on any real solutions...
The Washington proposals so far are hackneyed handouts to the corp lobbyist interests or to various classes of citizens.

Without job growth we're headed more firmly into a feudal system.

I recently read someone who lived through the 30's, who said in spite of extreme poverty, much worse than today, there was a fundamental difference, greater hope and optimism, and sense of cooperation. Unlike today in the poorer regions where people feel hopeless, no economic mobility. I don't know if that's a result of the all-powerful central gov't taking over and contaminating sense of community, or policies of globalism over domestic health, or what. But it seems real.

My 80-yr old uncle remembers as a kid walking around Central Park in NY at night w/o feeling threatened in the least, and the poorer sections visiting relatives crammed 8 to an apt, but people intellectually alive, happy in spite of it. Things are much different now, and it isn't strictly economic.
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