SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: westpacific who wrote (91896)3/5/2008 10:54:58 AM
From: SuperChief  Respond to of 110194
 
The world is a very different place then it was in the 1930s

Population
1804 = 1 billion
1927 = 2 billion
1961 = 3 billion
1974 = 4 billion
1987 = 5 billion
1999 = 6 billion
2011 = 7 billion
2024 = 8 billion



To: westpacific who wrote (91896)3/5/2008 12:38:13 PM
From: GST  Respond to of 110194
 
I am not advocating real estate in New York -- nothing could be further from my mind. But if you want to pick a US market that could at least come up with a plausible rationale for maintaining high valuations, it might be New York. In places where houses are dirt cheap it makes no sense to assume they will be anything but dirt cheap in the future. The main thrust is this: we are now seeing the beginnings and consequences of an economic US dollar dead zone.