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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (34918)	6/28/2005 8:07:29 AM
From: jackjc	Read Replies (2) \| Respond to of 110194

I no longer own RE except for small residence and rental with same tenant 25 yrs and owe nothing on either. I will not be affected. But only the most leveraged may lose out, there will be enough destruction of paper money to leave most with some property value. The savers will lose about as much as the debtors if this goes as I expect. Debtors will get some type of gov bailout, savers will get the shaft if they insist on holding cash. Value of paper money is down over 94% during my lifetime and will never reverse except for brief periods suitable only for the very nimble.