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

To: DebtBomb who wrote (113065)3/27/2008 11:29:37 AM
From: 10K a dayRead Replies (1) | Respond to of 306849
 
I keep thinking about Brazil and wondering if totally crashing the dollar would help. Take the dollar index to 12 and start over. Then forgive the debt and start over. Poor people would stay poor. Rich people would be poor. It would be chaos but it would be fun. abolish the IRS. abolish the fed. ect.



To: DebtBomb who wrote (113065)3/27/2008 11:34:29 AM
From: John VosillaRead Replies (1) | Respond to of 306849
 
'There is no bottom....it isn't going to go away.

1929 U.S./1990 Japan.'

Nah.. looking more like a hybrid of US 1973 and US 1990. Stagflation, debasement and debt cleansing.. It actually will be much smoother than we imagine here if interest rates remain this low for the next couple of years..


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