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

To: Jim McMannis who wrote (36209)7/25/2005 3:26:39 PM
From: John VosillaRead Replies (1) | Respond to of 306849
 
Well the real economy seems to be turning so perhaps it offsets the coming coastal housing bust? I see Intel cap ex up and spending a lot of $$ on a new chip plant in Arizona. Think anything like that will every happen in Florida or do we survive on more boomers cashing in their chips, immigrants and hurricane rebuilding efforts this next cycle?



To: Jim McMannis who wrote (36209)7/25/2005 10:01:05 PM
From: Mike JohnstonRead Replies (1) | Respond to of 306849
 
Greenspan is a :
1. Fool (there is no real estate bubble)
2. Liar (there is no inflation)
3. Lousy economist (most of his forecasts do not materialize, just the opposite)
4. Corrupt politician (visits the White House on regular basis)

Also, he thought that the strongest economy in the world, an economy that has survived wars, oil shocks, stock market crashes, bear markets, recessions and the Depression, could not survive a hedge fund failure.


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