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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: UncleBigs who wrote (61685)5/23/2006 1:19:31 AM
From: kris b  Read Replies (1) of 110194
 
I predict that sustainable gdp in the u.s. is at least 30% to 40% less than today.

What will the unemployment be when we get there in your opinion?

My prediction is that housing falls by a minimum of 50% in real terms within 4 years in the major metro areas of the country.

You are conservative in your assumptions. In order to get back to 2000 level we need a drop of 60%. To turn the clock back to 1984, when the liquidity pump started, RE should drop by 80%.
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