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

To: alanrs who wrote (91867)10/11/2007 9:59:40 PM
From: saveslivesbydayRespond to of 306849
 
"I'm not buying the idea that the various institutions have identified their portion of the problem, taken the write offs and can now move on."

The first step is admitting there is a problem.

They're already back to denying there was/is a significant problem.



To: alanrs who wrote (91867)10/11/2007 10:03:07 PM
From: Giordano BrunoRead Replies (1) | Respond to of 306849
 
>>>Just as the perception of a slowdown causes people to rein in their spending which precipitates a recession.<<<

Look around, we're in a recession.


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