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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 (110885)3/17/2008 10:02:54 AM
From: DebtBombRead Replies (1) | Respond to of 306849
 
I think this is worse than the Great Depression. That is just my opinion, based on many factors. Debt will demolish this place.



To: Jim McMannis who wrote (110885)3/17/2008 10:24:59 AM
From: cougRespond to of 306849
 
So just heard on CNBC, BSC had some of the BEST traders on WS ..LOL.. So these folks will be in demand for new jobs. Even with signing bonuses!!! Get paid for failure there, I guess.

To sink a few more ships, I wonder... :)

Second thing, 11% of employment of NYC and 35% of wages is in the financial sector or something like that.. What's going to happen to NYC RE, one of the last bastions of strong values that will never go down..<g>


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