sdcellar, balasr suggested I might think it’s different this time. The Bubble Primer lays it our current situation, and if we extrapolate the lines, we can picture how low it will go. so far, all events are unfolding just as we would expect.

cabinboy, I am not anonymous. I frequently sign my posts with my name, Schahrzad Berkland. I post in Roubini and Jim’s blog with my real name. I agree with you that we have to use our real names when we challenge another person. Too many people throw potshots hiding behind their anonymity, which is just chicken. Do you think my disagreement was an insult? You ought to see insult – I’ve had a lot of anonymous insults thrown my way. I take serious the ones where people sign their names.

Anyone who tries to tell you to buy real estate now is misguided. Are you afraid that Jim will be mad and stop posting his bearish analysis? Or are you saying it really is a good time to buy, as he proposes?