SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ChanceIs who wrote (203885)5/23/2009 10:46:04 AM
From: Think4YourselfRead Replies (3) of 306849
 
Look at your chart and think of the fundamentals of the economy. Does crash come to mind?

In looking at that chart I remembered some other charts recently posted and a new idea dawned on me. Must confess that it made my skin crawl. Many people compare now to the Great Depression. That seems reasonable but the credit bubble this time was larger, as was the housing bubble that preceded both events. Now we have a horrifically large debt bubble building. What if we haven't even seen the stock market crash yet? What if what we just went through was all just a prelude? Maybe this isn't 1931 but actually 1929.

If that is the case then...well...let's just say some major changes are coming to this society.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext