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


To: Dave who wrote (18576)3/13/2004 10:00:32 AM
From: Wyätt GwyönRespond to of 306849
 
it's not very accurate to judge the country by your own anecdotes, even if it's a natural thing to do. America's a big country, so obviously some areas or socioeconomic strata can do well even if the country as a whole doesn't. there's no reason to think any individual's experience is representative of the whole. that's why it's useful to look at long term historical aggregate trends. these will show you that debt levels are at all time highs, wage growth is extremely poor, as are payroll growth and end-product pricing power. among other things...



To: Dave who wrote (18576)3/15/2004 12:07:15 PM
From: MSIRespond to of 306849
 
That's the reason PPI is experiencing "computer glitches". They are having trouble inventing ways to continue the fraud. They want to keep the house of cards up until the election, then blame their looting on the other party (or terrorism or etc.), and it won't matter if the public believes it, they'll be in office.

Another thing that I find perplexing is inflation … or shall I say the reported lack of it. I support my mother, so I’m intimately familiar with SS, Medicare and health care costs. Every time I review her budget, I see incredible inflation. All costs are up e.g. drugs, healthcare, car insurance, house insurance, car fuel, electric bill, heating bill (natural gas), phone bill, cable TV, groceries …