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To: Bucky Katt who wrote (24561)6/25/2005 1:49:12 PM
From: tsigprofit  Read Replies (1) | Respond to of 48461
 
But William, homes can never go DOWN in value - it
says so right here in my manual!
lol

Tell that to the people in Denver in 1989 right.
Or Houston 1986.
NYC 1989? after crash
LA 1991?

Didn't they used to say that massive intervention in markets will only cause the eventual correction to be much worse?

So, from the other post on the FED, they prevented a major problem after the Nasdaq crash in 2000-2002, and 9-11, by pumping money which now has inflated real estate.

So if we see a crash in real estate now, it may bring down the US stock market and the dollar correct? I'm thinking we may see this by 2006-2007 at the latest now.

This might signal the fundamental shift you've been talking about - away from the US dollar by the rest of the world - into a basket of currencies like the Euro and Yen maybe.

I think eventually it will lead to the US having to go through a massive change - probably reducing it's military spending by at least 2/3 as it can no longer afford it - and all will see this - much like the Soviet Union went through when it collapsed internally.

What do you think?

t