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


To: DebtBomb who wrote (168726)12/3/2008 3:09:57 PM
From: Think4YourselfRead Replies (2) | Respond to of 306849
 
I am starting to think that Europe is in much worse shape than the US, and that there is a very good chance the Euro will collapse in the next year.

Their banks may have been even more brain dead than ours, lending vast sums to developing countries who are not in a position to pay it back.



To: DebtBomb who wrote (168726)12/3/2008 3:31:21 PM
From: butschi2Read Replies (1) | Respond to of 306849
 
Ugly, if markets already price in something worse than a deep recession the public perception has changed fast and mostly the perception changed way slower than reality and was 6-12 month behind and therefore it could get really very ugly.

But whats worse than a depression ?

- unhindered growth (new paradigm)
- slow growth
- zero growth
- mild recession
- normal recession
- deep recession
- depression

- 1870 ?
- Derivatives Armageddon

But perhaps at some time the perception is worse than reality on the way up.

But because economy is mostly about phsychology it could get really get very ugly if nobody spends and saves we may get a death spiral.