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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: oldirtybastard who wrote (91237)10/3/2007 12:57:56 PM
From: patron_anejo_por_favorRead Replies (1) of 306849
 
Minsky implied that excess liquidity will flow to inflating assets. That's pretty much what we're seeing, with gold and stocks flying and homies staying moribund. That's why it's beyond stupid to address a housing bubble (or a nazcrack bubble) collapse with drastic reductions in short term rates.

Got gold and chinese solar stocks?<G>
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