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


To: mishedlo who wrote (36256)7/26/2005 7:07:29 AM
From: Mike JohnstonRespond to of 306849
 
It means that business has become less profitable.
Eventually he will have to raise the price or close the business down, unless he would be willing to incur negative margins. Which certainly is not the case because nobody will work without compensation.

I expect stagflation:
falling wages + accelerating inflation = collapse in the standard of living