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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: John Koligman who wrote (120200)5/2/2008 11:55:17 AM
From: bentwayRead Replies (3) of 306849
 
Why put your petrodollars into a bitter, loser country on it's way down to world equilibrium? We'll be looking backward for the next 100 years.

Why not a hopeful, optimistic place like China, India or even Africa? That's what newly hatched Chinese investors are doing. Why invest in people trying to get out from under their Mcmansions when you can have happy people trying to move from mud huts to prefab housing?

We're due to be a pissed off, angry country with a bad attitude for quite a while.
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