Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: gregor_us who wrote (36968)	7/12/2008 10:07:27 PM
From: TobagoJack	Read Replies (3) \| Respond to of 219763

i agree with you 100% on the dire vs imminent take on fnm/fre on usa real estate that backs its financial enterprise, i currently favor the 50/50/50 outlook, meaning 50 % decline in nominal price, additional 50% decline via purchasing power loss relative to other paper currencies, over 50 months, if the planet is lucky, else 78/78/78 resolution on dire moment, as opposed to process, the fed itself will at some dire juncture require a bailout, and either the funding cost for the empire ramps to true 18+%, or inflation ramps to genuine 18%, or both. the sharp pain will be for but a moment, the rest is for lingering. figure on some resultant social dislocations ... a lost fortune 50 here, a wandering army brigade there, and a whole lot of seriously wounded j6p's crowded into walmart parking lots applying for stamps of various sorts. carjacking insurance will be advertised on tv, s.african fashion. gold and guns will be outlawed, and foreign travels will be curtailed by fiat of all sorts. just a guess.

To: gregor_us who wrote (36968)	7/12/2008 10:37:06 PM
From: blazenzim	Read Replies (1) \| Respond to of 219763

The real estate decline is just getting started. Many places like Seattle, Portland, New York, San Francisco, Idaho, Montana, Texas, North Carolina, New England......have barely declined if at all. Lending standards have substantially tightened, unemployment is heading to 10% at minimum and cost of basic living is skyrocketing. Most sellers are still holding out for their dream peak prices or have only lowered by token amounts. I think we've barely gotten through the first 20% of the pain and already the banks are on the verge of collapse, all 3 auto makers are looking at banko, retailers sucking swamp water, casinos getting smashed..... I love it. My only wish is that this would all proceed a little quicker. I thrive on Mayhem.