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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (25602)11/24/2007 9:06:23 PM
From: arun gera  Read Replies (1) | Respond to of 217669
 
MQ,

Yours is quite a plausible scenario.

However, we have not seen the dip in New York city housing yet. If Wall Street starts conserving cash (which seems to have become a regulatory requirement at this point), it will affect the NYC area housing. That has a first order affect on the tech sector, as the tech sector's most profitable clients are on Wall Street. This will affect Silicon Valley.

The highest pricing of housing in other markets is kind of pegged to the high prices in New York city and Silicon Valley. So the downward effect will percolate down to other markets.

-Arun



To: Maurice Winn who wrote (25602)11/25/2007 12:29:42 AM
From: elmatador  Read Replies (2) | Respond to of 217669
 
Contagion of the sick economy: During the Cold War the idea was of mutual assured destruction. Then I reasoned:
If both blocks smash themselves to smithereens, we will inherit the whole Earth.

Who’d be wasting a bomb or two on Brazil? You can’t imagine how much I laughed and joked about those biblical end of the world scenarios.

But the idea came that the whole earth would be engulfed by dust and a nuclear winter would ensue. Not only that. The Russians, so the story went, would send bombs left and right to make sure no one would be remaining to rise as the dominant power.

I see the same Armageddon scenario here:
“When the United States sneezes the rest of the world gets the cold. And since the United States will not just sneeze, but is risking a serious case of protracted and severe pneumonia, the rest of the world should start to worry about a serious viral contagion.”

That’s the similar tone of tying up, the guy who partied, to the guy who had stayed at home saying that both will get a hangover!!

Those analysis are purely intimidation campaigns. I can rec all Mexico going down ad dragging the whole LATAM. Last around Argentina defaulted on $100bn, Brazil didn;t even blinked.

In one word: Decoupling



To: Maurice Winn who wrote (25602)11/25/2007 5:43:48 AM
From: elmatador  Read Replies (1) | Respond to of 217669
 
Surrounded by Jihadists! Message 24080109



To: Maurice Winn who wrote (25602)11/25/2007 8:00:58 PM
From: Ilaine  Read Replies (1) | Respond to of 217669
 
"It wasn't their house anyway," and that's the way they act, as well.

I tell them, "It's your house! If you're moving out, and letting it go to foreclosure, take your refrigerator, your stove, your washer, your dryer, your dishwasher, you paid for them, they belong to you! If you have a rosebush you love, dig that up, as well."

But no. They quietly fold their tents and steal away in the night.

Damndest thing I ever saw.

They're even letting houses that have some equity go. I think I understand why, in many cases, the only way they could make it work was to have multiple families (related or unrelated) living in the same house, all paying rent, in some cases an entire family sharing one bedroom, same thing in all four or five bedrooms. So cracking down on illegal immigration is involved, as well.

And those stupid McMansions (housemonsters), too.

If your reach does not exceed your grasp, steady as she goes, at least so far.