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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 (165971)	11/21/2008 9:12:27 AM
From: DebtBomb	Read Replies (1) \| Respond to of 306849

Son, you are missing the big picture. I'll give you one example: This crash pretty much only took 3 months....and wiped out 50% total so far. It took years to unwind the dotcom bubble. We are now below the 2002 lows which took 2 1/2 years to get to, 2000-2002, from Dow 10,700. This time, Dow 14,400 was only one year ago and we're now below the 2002 lows. Back then we had a surplus....bush wiped it out. We also had positive savings. This is the biggest disaster ever in world history. This is the Greatest Depression. The giants are crumbling to their deaths under bush/cheney's watch. Period.

To: Jim McMannis who wrote (165971)	11/21/2008 9:25:56 AM
From: DebtBomb	Read Replies (1) \| Respond to of 306849

McMannis, you and others are in denial IMO, and probably will remain that way for life. So be it. It was so simple back in 2002-03. All we had to do was preserve the nation as we were heading into a baby boomer bust, entitlement bust, peak spending wave bust, and peak oil. The publc has been milked dry. There is no more money, no more spending, no more credit, nothing left but the crying, IMO. It's too late now. It can't be fixed. There's no way out. IMO.

To: Jim McMannis who wrote (165971)	11/21/2008 10:32:41 AM
From: Lizzie Tudor	Respond to of 306849

The Dot com bubble was unwinding for 9 months while Clinton was still in office. Yet no one blames him for that. Yeah but the dot com bubble didn't take down the largest corporations in the world who have been in existance for 200 years. All the dot com bubble did was create a new industry, that didn't exist before, boom, and then bust while leaving a whole bunch of brand new big companies like Amazon and Ebay. the dot com bubble was actually just an extreme version of the way the economy is supposed to work. It was the same as the PC fallout in 1982-85 period (when they fired Steve Jobs at apple). This is way different.