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: koan who wrote (258342)	7/3/2010 2:27:28 PM
From: Skeeter Bug	Read Replies (1) of 306849

>>After the 1929 crash Hoover, did what you are suggesting and did little to help the depression.<< no,they did not do what i suggested. what i suggested was not to blow up the bubble in the first place! if they hadn't blown the bubble in the 20s, they would have avoided the crash. that's what i recommended in 1998 - and we would have been much better off. krugman is a clown. he surely got his nobel prize from the people who got us in this mess - and he is amazing if you like bubbles and busts, so i can see why they like him. stiglitz has some good ideas and some bad ideas. watch this video of stiglitz getting completely used... economicedge.blogspot.com appeal to authority doesn't work here - ideas stand on their own merits. do you fix hangovers by drinking more at ever increasing rates? why would you solve excessive debt problems by piling on more debt? answer the question, don't appeal to authority.

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