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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (9349)	11/8/1997 3:51:00 PM
From: Brad Bolen	Read Replies (1) \| Respond to of 94695

Right, ...and people with loans or mortgages and no jobs....remember the 80's. Or "bubble markets"?...( was Japan a bubble market?) And it all starts with a lot of people out of work with bad debt. HK. was a 'bubble" market in property. It could be argued that ours is in stocks. B. BTW, I advised my inlaws not to buy a second property in HK 3 months ago. There response was, "don't worry Brad, real estate always goes up." Sound familiar? >>>>> Brad-Banks don't get in trouble due to slow down in economies they get in trouble when they lend on 'bubble properties'