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

To: stockman_scott who wrote (258252)7/2/2010 6:56:58 PM
From: patron_anejo_por_favorRespond to of 306849
 
Sounds like a very good move to me. He caught a pretty good upwave, no point in being greedy.



To: stockman_scott who wrote (258252)7/2/2010 8:22:14 PM
From: Skeeter BugRead Replies (3) | Respond to of 306849
 
>>“This is what always happens at this stage of the cycle,” Biggs said. “We are at exactly the same stage in the cycle as we were in 1982, using the exact kind of words: ‘The U.S. economy is collapsing, the world is collapsing, it’s the worst time since the Great Depression.’ Blah, blah, blah.” <<

did we have $14 trillion in debt going exponential in 1982?

i can't believe this guy is dumb, so he must be deceptive.



To: stockman_scott who wrote (258252)7/2/2010 9:33:40 PM
From: DebtBombRead Replies (1) | Respond to of 306849
 
In 1982 we had 78 million baby boomers going into earnings and spending years....now we have the inverse....plus peak oil....plus a historically massive debt bubble.
No one can be that stupid as to compare this to 1982, IMHO.
10,000 baby boomers retire every single day now and are not spending much.
This is the inverse.


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