Mish's Global Economic Trend Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Wyätt Gwyön who wrote (19989)	12/30/2004 11:23:38 PM
From: mishedlo	Read Replies (2) of 116555

by the same token: do NOT underestimate the ability of the Fed and the Agencies to perpetuate the US housing bubble. it seems the true bubbles all go on longer than anybody expects, especially when the people with the money hose have no interest in turning off the spigot. They can NOT control that one. There is no housing PPT and there is no way to force people to buy houses either. The only remote chance is by lowering interest rates. Once the decline starts, there will be too many jobs lost and no way to put it all back together. If incomes do not rise with housing prices, there is NO chance any prop job can stop the decline once sentiment changes. Not here, not in Japan. Thus I disagree. Mish

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next