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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (101997)9/16/2009 12:41:01 AM
From: mishedlo2 Recommendations  Read Replies (1) | Respond to of 116555
 
I know he does.

If things are going well for him and his group he thinks the world is fine. It is a common mistake that went from state to state to state in the housing bubble bust.

"It's different in (name your city)"

"I don't see problems in (my industry, my city, my whatever), as if that was the universe to watch.

Now because his business has artificially recovered it's as if the structural problems don't exist.

Mish



To: Broken_Clock who wrote (101997)9/16/2009 12:46:44 AM
From: maxncompany1 Recommendation  Respond to of 116555
 
We learned this yesterday.......

"Maybe nobody is buying real-estate in flyover country, but who cares? There too busy fighting "Socialism", practicing their Republican fundamentalism, and dating their cousins..."


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