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


To: Mike Johnston who wrote (86237)9/13/2007 12:53:29 PM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
Mike all you just described is in the process of occurring in some degree over the next couple of years. I just don't think a 50% + rapid plunge in home prices in NYC, San Francisco or London will be allowed to ever happen in nominal terms.. Now in real terms it certainly will and they'll drag it out until DOW 36k and gold 5k to make it happen if need be..