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

To: No Mo Mo who wrote (265440)	7/31/2010 4:33:41 PM
From: bentway	Read Replies (1) \| Respond to of 306849

"Hide in a bunker and spend everything on non-perishables and ammo? Probably not so much. At least not as a core investment/planning thesis." What's the worst that could happen? You eat a lot of beans, listen to a lot of lecturing on "opportunity costs", while the correct optimists eat caviar. But, if the shit DOES hit the fan...

To: No Mo Mo who wrote (265440)	7/31/2010 4:56:37 PM
From: orkrious	Read Replies (2) \| Respond to of 306849

I hated when John Mauldin started propagating the theory eight or so years ago that the US economy might muddle through - the "Muddle Through Economy" he called it. I wanted decisive resolution, even if it was a crash. I think as much as anyone Mauldin got it wrong. I stopped reading him way back when, as you say, he started propagating. Even back then he was way too verbose. I never understood how anyone can slog through his multi-page missives. But more than anything, I didn't see how we could muddle through this mess, and I don't think we have. This is a slow motion train wreck. If that's muddling through, I'm Abby Joseph Cohen.