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


To: Think4Yourself who wrote (125141)5/24/2008 11:51:11 AM
From: John ChenRespond to of 306849
 
"We are in big trouble". not for those living in 'green zone'
( or gated community ).



To: Think4Yourself who wrote (125141)5/24/2008 1:03:03 PM
From: MulhollandDriveRead Replies (2) | Respond to of 306849
 
We are in big trouble. The perfect storm for economic disaster is nearly fully formed. Having seen and planned for it I shouldn't be worried. Unfortunately I know that crime rates, especially for violent crime, are about to go through the roof.

yep....this is really bad stuff

i posted last month as the fuel prices were ratcheting up that i expect to see a collapse in small business and the associated job losses...

if that trucking firm cannot pass the costs directly on to his customer i don't see how they can survive $5/gal. diesel for very long

we've been warned, 3 airlines BK, fedex and ups warning, and yet the transport index barely off an all time high? i believe this gets ugly fast

btw, i actually saw a guy riding a small motorcycle in a tie and business slacks with a laptop computer slung over his shoulder...very unusual here...expect to see more such sights <ng>



To: Think4Yourself who wrote (125141)5/24/2008 8:20:21 PM
From: John VosillaRead Replies (2) | Respond to of 306849
 
'The perfect storm for economic disaster is nearly fully formed. Having seen and planned for it I shouldn't be worried. Unfortunately I know that crime rates, especially for violent crime, are about to go through the roof.'

How to prepare for stagflation or hyperinflation? Certainly cash ain't going to be king..maybe it worked to some extent in 2005-07 if only relative to drops in home prices, pleasing the deflationist Mish types to no end and declaring 'victory' on a daily basis... I thought junior gold miners were suppossed to be the ultimate play? I agree the squeeze on the bottom right now is horrendous..then they want to prop up housing and thus triple the costs of everything in another decade on the back end..yet the 'suits' cheer increases in homebuilding permits when that is the last thing we need and we all know the current dynamics are going to put homebuilding in depression for years to come..