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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated
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To: Roads End who wrote (42869)9/29/2011 9:54:35 AM
From: yard_man  Read Replies (1) of 119360
 
of course it isn't -- you are asking me what I would have forecast -- that's colored by all kinds of memory modifications -- my memory is I would have predicted the dollar getting smashed, probably -- I can't remember what I was thinking exactly then -- but I think I was even smart enough then to realize, others would follow suit and the net result would ultimately be deflation -- the important point is this: where are yields on the bonds of the king currency in the world right now -- after a freaking ton of printing. Why does it matter what anyone thought then -- look at what is??

You can find plenty of folks still calling for a dollar or bond collapse -- and 5 years hence it will be the same --

and the rational person asks: collapse compared to what?
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