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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Lizzie Tudor who wrote (82966)8/3/2007 10:59:06 AM
From: John VosillaRead Replies (1) of 306849
 
'Since GDP is the main indicator of activity in the US economy either it was wrong in the 90s or it is wrong now.'

The collapse of the dollar and the president's approval rating tell a lot more.. Remember GDP had been driven in recent years by the credit bubble, housing bubble and now the global economic boom. J6P not winning these days as the first two pillars of the house of cards collapse sending him into debt slavery and the remaining pillar only squeezes him even more..
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