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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (21651)1/18/2005 12:43:07 PM
From: TH  Respond to of 116555
 
mish,

This is very accurate.

My good buddy (who I think is a bright guy?), just bought a McMansion for $795K. I didn't ask how he paid for it, but I know it must have been very "special".

This will end badly. We know it, but like Ben said, the market can stay irrational longer than we can stay solvent.

GT
TH