SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mishedlo who wrote (62592)6/3/2006 1:04:46 AM
From: GST  Read Replies (1) of 110194
 
People paid too much for RE -- I couldn't agree more. And there is evidence of it spreading to many countries -- absolutely. And there will be pain -- no argument. But is it catastrophic? Hardly.

On the other hand, the collective debts and fixed obligations we have taken on are catastrophic -- not just awkward or painful, but catastrophic.

That is the difference between the housing bubble and the dollar bubble -- the former is a very big headache while the latter is a malignant tumor.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News