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

To: GraceZ who wrote (150994)	9/26/2008 5:28:58 PM
From: Jim McMannis	Read Replies (3) \| Respond to of 306849

RE:"Not you, but some people here are going to have to eat some serious chit if Mish's credit contraction deflationary scenario plays out." If we switch to deflation now we still weren't wrong for the last 4.5 years.

To: GraceZ who wrote (150994)	9/26/2008 6:13:01 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 306849

Trust me, we'll ALL be eating serious chit if Mish's mega-deflation scenario plays out. Seriously though Grace, haven't we heard that all a buncha times before? Ravi Batra, Prechter, Tice, etc, etc. This will be worse than we've seen recently, but hardly TEOTWAWKI. Not from this. Maybe from Peak Oil, if we're dumb, wouldn't rule that one out. But not for awhile yet. Lotta money in selling doom. But the problem is, you can only be right once, and you never leave the party with the hot chicks!<G>