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: Skeeter Bug who wrote (258538)	7/5/2010 9:37:48 AM
From: bentway	Read Replies (1) of 306849

No, I won't be alive when that inevitably happens. If you've been paying attention, the Chinese standard of living is rising rapidly, fueled by their 10% yoy GDP growth. Meanwhile, ours has been declining, with real, take home income for Americans stagnating and now declining. At some point after my death, we'll meet in the middle somewhere. The age of American exceptionalism has passed.

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