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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (176705)1/13/2009 3:32:56 AM
From: Skeeter BugRead Replies (1) of 306849
 
hi Lizzie,

you are right that politicians want good times. having said that, a *reasonable* person puts limits on the good times b/c a bust has occurred every single time a boom gets too big. perhaps they want to pin the bust on the next guy and they are all playing roulette.

i think sustained reasonable growth can be achieved, but that isn't what they want. perhaps it is short term greed to keep the populace happy. it definitely plays a roll.

i've also heard theories about the "uber rich" desiring to whipsaw the economy from boom to bust so they can get rich buying assets for pennies on the dollar during the bust times.

i think there is some truth to that, too.
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