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: Smiling Bob who wrote (140658)	8/12/2008 10:45:17 AM
From: Think4Yourself	Read Replies (3) of 306849

The market action recently is very disturbing. When there is foolishness like the last week an eventual crash becomes more likely. We ask how people could have been so dumb in the late 20's to cause the crash. The government lied through their teeth to the people back then, constantly telling them everything was, or would be, fine. The signs of serious problems were everywhere yet people refused to see it until they were financially ruined. Everyone on Wall Street thought they were too smart to be ruined. Most were wrong. The exact same thing is happening today.

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