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

To: Don Green who wrote (36107)	7/23/2005 10:37:02 PM
From: Mike Johnston	Respond to of 306849

If it is not your prediction what was the intent of posting? It is not possible to predict what will government and fed policy be. Therefore it is not possible to predict the outcome. As i have said, this is going to be the final outcome if the current policy of holding interest rates below the level of inflation, socialization of risk and bailouts continues and unconventional policy measures are used I don't worry about it. I will be fine, unlike many people that will be in for a lot of economic pain. As far as Japan is concerned, its citizens are worlds biggest savers with $4 trillion of savings. They have fared quite well during the recession.