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


To: GST who wrote (98817)1/3/2008 12:04:42 PM
From: John VosillaRead Replies (1) | Respond to of 306849
 
Wheat, corn, oil, gold printing records almost daily now.. Perhaps the blowoff top before depression<g>

Oops almost forgot..we already are in a soft recession even with near full employment hidden by understated CPI and a housing depression perhaps the worst on record already..

confusing times for most?

do the candidates get it yet?



To: GST who wrote (98817)1/3/2008 3:45:19 PM
From: lifeisgoodRead Replies (2) | Respond to of 306849
 
I should have said "credit can cause a temporary spike in inflation." This is what happened with housing inflation. Trust me, it's just temporary. When the credit disappears, so does the inflation. Same goes for credit cards.

You simply cannot borrow your way into prosperity. That was my point.

best...

LIG