The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Giordano Bruno who wrote (119950)	5/1/2008 2:07:04 PM
From: Perspective	Read Replies (1) of 306849

God, that's so fing boolish. I have trouble because I keep forgetting that part of the reason individuals are so hosed right now is that Corporate America is doing so well. It's a zero-sum game lately, so if corporate profitability is soaring, it means by definition everybody else is fvcked. And we are. Where I think Goldilocks all falls apart is that they can only squeeze people so hard, and then it all breaks. The debt bubble requires solvent* debt slaves, but if they're squeezed too hard, they just stop paying the bills. I think we're now past that point, and the "trickle-up" depression is gonna get Wall Street no matter how hard they fight it. I keep trying to hedge by getting long exposure to global corporations, because they are helped by the dollar collapse. But the domestic-only companies, especially heavily weighted in stuff like the Nasdaq Composite, transports, retail, and restaurants - I just don't see how they avoid a serious bludgeoning, and these guys operate on thin margins to begin with. `BC

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