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Microcap & Penny Stocks : Rat dog micro-cap picks...
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To: George Burdell who wrote (12208)6/3/2003 12:56:39 PM
From: Bucky Katt  Read Replies (1) of 48461
 
Yes, the housing sector is a liquidity driven bubble that cannot be sustained at the current levels of valuation.

I keep hearing Uncle Alan spout off about deflation, and I can say without hesitation, if people become upside down on their mortgages, look out below....
Of course, the FED and will do everything they can to keep the bubble going..

The sad thing is what happens to the consumer when he runs out of things to borrow against?
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