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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: chartseer who wrote (63499)4/22/2009 2:07:39 PM
From: Steve Lokness  Respond to of 224744
 
A home I bought for $29,000 in 1968 sold a few years back for over $500,000.

I feel I'm being set up? This is too easy. What you say is very true AND that house that sold for 500,000 a few years ago would likely sell for considerable less today. That is after all the reason we are in such financial turmoil.

You are right to be concerned about the printing of money as I am - but Mish says we are starring down the barrel of deflation and the news from Spain this morning I found troubling. Mish was right to predict what we are dealing with today - he might be right about what comes next too.

steve