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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Jim McMannis who wrote (177784)1/18/2009 9:00:19 PM
From: Mike M2Read Replies (1) of 306849
 
Pimco's Paul McCulley July 2001 " There is room for the Fed to create a bubble in housing prices, if necessary, to sustain American hedonism. And I think the Fed has the will to do so, even though political correctness would demand that Mr. Greenspan deny any such thing (just like he denied belatedly attacking the NASDAQ bubble). " pimco.com
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