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


To: saveslivesbyday who wrote (202558)5/15/2009 9:13:05 PM
From: GalirayoRespond to of 306849
 
>>I can actually see Dow 6K, 5K, even 1K - if market breaks to new lows it will be "transformational" to investors,
as they see the Wall Street scams for what really are.<<

It could get really spooky ... That is for sure.

img191.imageshack.us

img191.imageshack.us



To: saveslivesbyday who wrote (202558)5/16/2009 1:30:16 AM
From: bentwayRead Replies (1) | Respond to of 306849
 
The entire world just can't live like Americans currently do. It's just not sustainable.

I see that as the major upcoming problem, as second and third world countries grow middle classes, watch American TV, and want to live like the Americans they see on TV - THEY want to have a car, a flatscreen, a computer, adult toys, etc.

We really need to develop some model for life that is beyond just buying the latest manufactured whatever. Our lifestyle model resembles a cancer on the earth.