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

To: Les H who wrote (202553)5/15/2009 11:12:30 PM
From: Skeeter BugRead Replies (1) | Respond to of 306849
 
>>I think we have 2002-2007 as an example of what might have happened if FDR took office in 1929. The bubble gets larger and pops anyways. We'll never know.<<

i think we do. bubbles *always* pop. zero exceptions.

the bubble is the evil. the collapse is the medicine undoing the evil.

just because evil feels good and makes society happy doesn't make it any less evil.

every bubble in history has ended ugly - usually about inversely proportional to the bubble, sometimes much worse (eg, total economic collapse, war).

the goal should be to avoid the bubble.

but politicians try and make people feel good so nobody complains about them using the treasury to feather their own nests.



To: Les H who wrote (202553)5/16/2009 1:22:42 AM
From: bentwayRead Replies (1) | Respond to of 306849
 
"I think we have 2002-2007 as an example of what might have happened if FDR took office in 1929."

FDR would have invaded Iraq for no good reason? <g>


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