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: TH who wrote (267021)	8/7/2010 9:17:10 AM
From: Perspective	Read Replies (1) of 306849

Wow, outstanding Heinz. A rebuke of economists who think the "rational markets" can help dampen boom/bust cycles - acting-man.com Rational expectations can not stop the boom-bust cycle <Charles Prince, the dancer – rational expectations didn't save him or his enterprise from the ravages of the boom-bust cycle. “When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you've got to get up and dance. We're still dancing.”> Destroyed a leading global company - but how many millions did he walk away with? `BC

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