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

To: Skeeter Bug who wrote (184888)	2/18/2009 11:41:12 PM
From: Bank Holding Company	Read Replies (1) \| Respond to of 306849

> they didn't do anything to stop the bubble, why the bust. Govt bubble is bursting. Let them eat cake.

To: Skeeter Bug who wrote (184888)	2/18/2009 11:44:53 PM
From: patron_anejo_por_favor	Respond to of 306849

Bubbles inevitably burst of their own weight. They're inherently unstable. Pretty much what ended the dot com bubble, too.....Basically when there's no more money/credit/wampum that can be thrown in, it ends. Housing went on so godawful long because the Masters of the Universe kept devising even more insane mortgage instruments and found every last greater fool on the planet to sell them to. Which is why we hear of insolvency now in Norweigian townships and Bulgarian banks.