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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (4366)	1/4/2004 5:28:46 PM
From: orkrious	Read Replies (1) \| Respond to of 110194

I would add that if you believe the housing and debt bubbles CAN be maintained, I have mentioned before on other threads that I think the housing bubble has already been pricked (no pun intended <g>). The Detroit housing market has been weak ever since 9/11 (in the mid and higher levels), and it shows little sign of reflating. I've read of other areas that have similar stats. I know even the Boston suburbs are slowing down. I think the recent housing sales numbers support this. My guess is as the malaise spreads across the country, it will be impossible to restart.