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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: John Vosilla who wrote (57065)3/29/2006 1:18:47 PM
From: GST  Read Replies (1) of 110194
 
The deflation myopia mistakes a single issue for the whole picture. If the price of a house in the US is the one and only thing that matters to you, then it is likely true that we will see flat to down housing prices in the next few years. But if you have interests beyond that -- and who does not -- then you need to know a hell of lot more about the world than simply whether somebody paid too much for a condo in San Diego.
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