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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: GST who wrote (41075)9/8/2005 12:25:04 AM
From: John Vosilla  Read Replies (1) of 110194
 
"To assume that prices will fall simply because we cannot afford to buy something is the ultimate self-centered delusion. Poor people understand this clearly -- poverty "

Betting on the strength or purchasing power of the dollar and expecting lower costs with your dollars in the future for services you need in your daily life is a ticket to a future of poverty.

Even builder Hovnanian warns because its costs are skyrocketing and margins are shrinking so those betting against builders finally get it right a few years too late but for the wrong reason.
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