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

To: John Vosilla who wrote (69241)9/1/2006 2:38:28 PM
From: Mike Johnston  Read Replies (2) | Respond to of 110194
 
How is it going to impact tourism in Florida ?

Will there be a lot of hospitality and service industry employees that are angry about losing money on a bad condo deal,or upset about skyrocketing cost of living, and taking out their frustration on tourists ?

Or will general negative publicity about the state's economy prevent people from visiting the state ?

Or maybe the sight of vacant, not maintained condos or ugly, unfinished building skeletons ?

Or maybe the ugly sight of all those for sale signs ?



To: John Vosilla who wrote (69241)9/5/2006 12:23:35 AM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
So true. Actually Mish doesn't get the fact that an inflationary squeeze taking more and more of stable paycheck is much worse on working people whether it is Michigan or Florida than deflation is

You fail to understand the raminfications of what you just said.
Please tell me what happens if jobs and wages do not rise.

Mish


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