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


To: GraceZ who wrote (16702)2/5/2004 2:04:05 PM
From: fattyRead Replies (1) | Respond to of 306849
 
>As these people attain labor cost parity with the rest of the industrialized world they will need what we sell. They need us to survive, one doesn't get rich by taking your best customer to the poor house.

They need us to take on more loans to consume what they can produce. Power is zero sum game.



To: GraceZ who wrote (16702)2/5/2004 6:32:30 PM
From: JBTFDRead Replies (1) | Respond to of 306849
 
Maybe it's a Freudian slip that you chose that Japanese to make your point. If I had to guess, I would guess that we will have similar experiences in this decade as they did in the 1990's. (i,e. 10 years of lousy economic performance)

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