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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: stockman_scott who wrote (258252)7/2/2010 9:33:40 PM
From: DebtBombRead Replies (1) of 306849
 
In 1982 we had 78 million baby boomers going into earnings and spending years....now we have the inverse....plus peak oil....plus a historically massive debt bubble.
No one can be that stupid as to compare this to 1982, IMHO.
10,000 baby boomers retire every single day now and are not spending much.
This is the inverse.
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