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

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To: John Vosilla who wrote (50998)1/23/2006 4:08:46 PM
From: Mike Johnston  Read Replies (2) of 110194
 
For some reason, she takes offense at any statement that would suggest all is not well with the economy. And she was really upset with my statements over on the Real Estate thread, that inflation is running somewhere between 6 and 10%, claiming that she pays last decade's prices for many things she buys (groceries among others).

The facts speak for themselves, all the things that you wrote and don't forget about 43% of first time homebuyers that could not come up with any downpayment. That was a shocker.
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