The Residential Real Estate Post-Crash Index-Moderated Message Board

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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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To: Mike Johnston who wrote (45876)	10/18/2011 12:30:07 PM
From: bentway	Read Replies (1) of 119362

It's all cyclical. Don't you think it's unbelievably stupid that people would invest fortunes in tulip bulbs? businessweek.com ..or, before that, in the boundless wealth of the south seas? thesouthseabubble.com ..and then, there's John Law, who invented paper money to finance his Mississippi bubble! mshistory.k12.ms.us It's not like things have just suddenly gone crazy. The amazing thing is, the period of relative shared prosperity and general stability we're currently exiting. I like to think of it as the Keynesian period. The period when government believed it could, and attempted to, smooth out these cycles.

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