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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: SouthFloridaGuy who wrote (98755)1/2/2008 2:19:29 PM
From: John VosillaRead Replies (1) of 306849
 
'So Wall Street will live, it will just limp until it can restructure and innovate. And it will hurt meanwhile'

I like that quote. Tells the story.. But it does seem like an inflation problem, a rising rate environment towards double digits, skyrocketing gold and oil prices could hurt the street even more than a credit crunch? Witness NYC in 1974-76 versus say 1994-96.
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