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


To: patron_anejo_por_favor who wrote (251574)6/2/2010 10:05:54 PM
From: Jim McMannisRespond to of 306849
 
Real Estate/Credit Bubble Deflation 19: Next Up -- 5 Years of Financial Hell

safehaven.com

and it is in such twilight that we must be aware of change in the air, however slight, lest we become unwitting victims of the darkness." ~William Orville Douglas

First of all, please allow me to apologize for the infrequency of my Safehaven posts, as obviously I have become a fellow more inclined to write at market turns than one who chimes in on an ongoing basis. I appreciate to no end the number of emails I receive requesting updates, but my fingers are in a few more pies now (including the penning of a second screenplay with writing partner Tim Wells and the pursuit of my investment advisory representative license). I guess what they say is true: There are only so many hours in the day. Then again, our most significant call hasn't changed one iota: The global economy is still caught in the eddy of real estate, asset and credit deflation and there is nothing anyone can do of any consequence other than to delay the inevitable (and, ultimately, make things worse). Suffice to say you'll be hearing the "D" word on an ever-increasing basis over the next five years.