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

To: Perspective who wrote (197988)4/24/2009 11:48:44 AM
From: Think4YourselfRead Replies (1) | Respond to of 306849
 
Part way through the Great Depression everyone thought it was over and there was a recovery. Articles from that time sounded remarkably similar to what is being written now.

Then the bottom fell out.

I agree with you. No way this is over, not a chance. Unemployment around me is skyrocketing recently, and it's getting worse. It's not just the auto industry either. It's like the economy is starting to implode.

The more things change the more they stay the same.



To: Perspective who wrote (197988)4/24/2009 11:54:27 AM
From: Les HRead Replies (1) | Respond to of 306849
 
South Korea runs a big trade surplus with China.



To: Perspective who wrote (197988)4/24/2009 2:02:53 PM
From: energyplayRead Replies (1) | Respond to of 306849
 
South Korea had their recession early to avoid the rush.

That does not mean things are good, it just means they are not going down.

Also, they are already affected by Kim Il Fruitcake threatening missile attacks.

They had a nasty consumer credit problem a few years ago, and banking problems before that.


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