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

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To: John Vosilla who wrote (80323)	3/25/2007 7:12:58 AM
From: stan_hughes	Read Replies (1) of 110194

Lots of people I know say they would like to live in Chicago or New York, or to a complete list of other places in fact -- but I've yet to meet anyone who's ever told me they'd like to move to Detroit. Maybe I'm not hanging out in the right circles. Don't get me wrong, I don't have a hate on for Detroit. On the contrary, I suspect I'm more disappointed than most about what it's become over the past 50 years. There was a glimmer of hope during the SUV boom, but with all due respect to Mr. Penske, now that the boom is over, things are now heading downhill fast all over again. Check out the foreclosure rate for Detroit -- it's the highest in the country -- it's going to get real oogly again 72.14.205.104

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