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


To: mishedlo who wrote (30968)5/28/2005 11:21:38 PM
From: ild  Read Replies (2) | Respond to of 116555
 
You first time posted this listing on May 5. Apparently no bidding war has erupted yet.
Message 21298231



To: mishedlo who wrote (30968)5/29/2005 1:09:38 AM
From: FrozenZ  Respond to of 116555
 
Most overpriced? Not by a long shot. 2 blocks from the beach in Santa Monica the lot alone would probably go for more. The current low price is only because of the extra cost to raze the shack.



To: mishedlo who wrote (30968)5/29/2005 7:15:14 AM
From: Crimson Ghost  Respond to of 116555
 
Crazy man!

Shows what can happen when a fiat money system buttressed by an explosion of derivatives which enables lenders to "outsource" risk goes completely off the charts.