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: Pogeu Mahone who wrote (160143)	10/26/2008 1:19:52 AM
From: patron_anejo_por_favor	Read Replies (1) of 306849

None of what I said is inconsistent with the Domino theory. That only explained which assets would deflate, it didn't refer to what sorts of insanity would be dredged up to rescue it. The quickest way out would have been to let the dominoes fall and not rescue anything. Then you'd get debt clearing and the survivors (such as they were) could have risen from the ashes. As we've seen, that 'response' was deemed politically unacceptable. What makes you think that the expected worsening of the situation won't be dealt with by more intensified versions of the same medicine (in one absurd acronymous form or another)? If you think they won't, you haven't been paying attention! Politicians and Central Banksters use the same hammer for every nail. Whether it 'works' or not is a whole different question, of course....... And the bottom line being utter and complete destruction of the dollar. I think even the Boxman agrees with me on that.

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