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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 (88618)	11/7/2007 11:42:40 AM
From: Horgad	Read Replies (2) \| Respond to of 110194

"Deflationists are as stubborn (and perhaps even dumber?) as the typical Californian who thought his house was going up 15% a year until they retire." That is a strange example to use as a put down for deflationists. Don't houses typically rise in an inflationary environment? <g> If houses don't start to rise soon or if they continue to fall, the best you can claim is stagflation. In which case, both sides can be considered half wrong and half right. So when do you predict the housing market will turn around? With inflation this high it shouldn't be long now...