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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (24499)	10/23/2002 9:25:27 PM
From: maceng2	Read Replies (1) \| Respond to of 74559

And I am not complaining. OK, nice looking at your profile elmatador btw. It's OK, you have a relevant POV, and thank you for the contribution. I may have a view you might want to listen to as well. I had a young family in the USA during the market crash after 1987. I was continuously employed (even though I didn't have a green card at the start) throughout the time period till 1995 when I returned to Britain. I did not want to return here, but my wife and kids did. After moving 10 times in 9 years. Actually financially I did very well, and this helped, but family life does not do well in these circumstances. OK when kids are young. Teenagers and family like a constant stable background though. They have school, friends, education... these items are very important to them. Throw them away because of occupational considerations and you may well have some serious domestic problems on your hands... that will negate any financial incentive. Just a thought. Most importantly, I made a statement about the property market. There is plenty of knowledge and experience in that statement. It's my belief the Central Banks, after the stock market crashes, have painted our world economy into a corner by allowing a boosting of the property market. The collapse will be even sharper then the rise. Your comments and mine [re: employment] clarify the situation imho. Because of the unique situation we are in, when the property market goes, the world economy gets flushed down the plughole. EOS. (as said in Scotland "End Of Story")