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


To: nextrade! who wrote (16237)1/23/2004 1:02:39 PM
From: GraceZRead Replies (4) | Respond to of 306849
 
It was every bit as impossible to imagine where jobs were going to come from back in 1978-79. No one had any clue as to the future that lay in front of us. I listened to daily laments about how the government had to do something about all those jobs that were disappearing for good. No one could envision a future where Toyota and BMW would wind up building cars here or that mini mills would succeed where big steel failed and certainly no one saw a computer in every home or even knew what software was. Certainly no one was predicting a company that would make 10 billion a quarter selling it.

I never thought I'd live through another time when people were so short sighted, but here we are again. It's as if everyone is afflicted with a disease where they are only able to remember the last year or so.