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


To: X Y Zebra who wrote (24790)10/25/2004 3:14:10 AM
From: Elroy JetsonRead Replies (1) | Respond to of 306849
 
If only we all had a subscription to the "Newspaper of the Future", then we'd all know when to buy and sell and avoid misfortune.

I sold the stock market a year too early. But I've found too early is always preferable to too late.

I suspect real estate will be the same this time, just like it was the time before, and the time before that.

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To: X Y Zebra who wrote (24790)10/25/2004 3:14:15 AM
From: Elroy JetsonRead Replies (1) | Respond to of 306849
 
Another quote from Marcus Aurelius reveals a lot about his personality. He said, "the measure of a man is shown by his his aspirations and goals". He doesn't say accomplishments, he says aspirations and goals.

There's a lot of people who have lofty goals, often based on a fantastic delusion, who think this alone should outweigh their horrific results.

Although personally an ascetic and an admirable man, his over-spending, particularly on military campaigns, set in motion a later collapse. I think his spending on bread and circus was more symptomatic of Rome's lack of domestic focus.

The Fed is creating their own version of bread and circus as our real focus is on Don Quixote pursuits, and I expect similar results.

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