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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: GST who wrote (52951)2/7/2006 4:36:05 PM
From: John Vosilla  Read Replies (1) of 110194
 
"The middle class will compete globally on the basis of their education and business abilities. American cities will revisit the sort of "burn it to the ground" violence of the 1960s".

You might be right. Just in time to have this housing boom and converting affordable housing to high end squeezes out the working poor in many American cities. Gonna be ugly and most of the powers at be are clueless going instead for pumping up the tax base and lining their pockets with green..
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