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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: CalculatedRisk who wrote (36983)7/26/2005 10:57:27 AM
From: John Vosilla  Read Replies (2) of 110194
 
"And maybe that's what is happening in Boston. Should we sound the alarm? The British Bust is coming!"

In a way we have are repeating the late 1980's period again. Oil patch busted first back around 1986 while today we have had record foreclosures for several years in many flat flyover country markets. A couple of years later Boston topped out around 1988-89. So maybe NYC and then California should follow?
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