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

To: gregor_us who wrote (64080)	6/19/2006 11:28:55 AM
From: John Vosilla	Read Replies (1) \| Respond to of 110194

'So although I cannot get my around snapping up hotel and resort properties right now, I have to consider that Blackstone is making a call on business and pleasure travel. Two activities that are of course mega-dependent on a strong economy.' Perhaps business travel will remain robust and the higher end pleasure travel business will remain strong. A totally different dynamic from the younger leveraged home owner who might still be able to live beyond his means even after foreclosure as long as financial institutions remain solvent and give them access to consumer credit.