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To: patron_anejo_por_favor who wrote (11084)	8/15/2000 12:44:40 AM
From: chic_hearne	Respond to of 436258

Re: It's EVERYWHERE, dude. Phoenix residential real estate has been in an 18 month melt-up. You're right, when this bubble goes the fallout won't just be Chernobyl-esque. It will be downright HIROSHIMA!j Patron, there are many things that could start it. The US dollar failing and the stock market bubble are just a few. When it does happen, and it will, it will be downright nasty. When mortgages start defaulting and there are no buyers, all hell will break loose. I can't believe a modern day government has let us get in this situation. In a twisted way, we almost need inflation to keep things from going to shit. chic