Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (12988)	8/23/2003 5:51:45 PM
From: nextrade!	Read Replies (1) \| Respond to of 306849

An optimistic viewpoint, Ass-Backward Economics Jim Willie CB gold-eagle.com Personally, I expect many unfortunate developments in the next year or two: a sharp rise in the cost of living (especially from energy bills) rising import product prices from Asian producers continued falling prices as our domestic economy continues its liquidation process continued fiscal duress among the states, led by California and New York increased federal govt spending, offsetting decreased state spending increased federal govt tax refunds & rebates, offsetting increased state taxes rising longterm interest rates (heading easily past 5%) no return to corporate profitability outside the financial sector continued strain on household budgets sudden illiquidity in mortgage finance a gradual decline in residential real estate prices disappearance of home equity and other refinancing decline in retail consumption rise in unemployment collapse of both Fanny Mae and Freddy Mac, as losses gain momentum dreaded derivative events finally surface, frightening the nation foreign capital flight from many financial sectors a wider war in the Middle East and Gulf Region