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

To: Jim McMannis who wrote (106152)	2/22/2008 11:19:04 AM
From: Lizzie Tudor	Read Replies (3) \| Respond to of 306849

I don't care Jim, because I have "run the numbers" as they say in real estate, and with 60 million baby boomers retiring with medical + drug plans that cost on average $1K per person PER MONTH for the rest of their lives, and only 2-4 baby buster workers to pay for every ONE retiree, which are how the numbers work out, in 20 years this country is going to be flat on its back with either hyperinflation like Italy, or deflation which is even worse. The benefits that the retiring class require are more than the salaries of the workers paying into the pool, and we are going into it with an 8.5 trillion dollar debt. By 2030 all hell will break loose, and I won't be that old.