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


To: JF Quinnelly who wrote (15829)1/10/2004 10:11:53 PM
From: bentwayRead Replies (1) | Respond to of 306849
 
I think the foreign sources may be getting wise:

Message 19674687

With hot returns coming from both India and China, and the dollar in decline, why would a foreign investor want assets that are dollar denominated? Many Americans are bailing, me included. If we go down though, a lot of weaker, dependent countries will go with us. It could be truly horrendous. We need some smart people to turn this around, and I have no faith in the ones we've got. Maybe God will intervene ;-)