[quote=Arraya][quote=outtamojo][quote=Arraya][quote=outtamojo]” Lack of building and less than trend household formation are bullish for prices in the far out future.[/quote]
This is making a huge assumption that we will be going back to historic economic growth patterns when all evidence points the contrary and in fact is probably impossible.[/quote]
In a nutshell, your assumptions are just as huge as mine and require just as much faith.[/quote]
Nonsense, because you don’t the slightest idea what I am talking about whereas I completely understand what you are talking about.
Economics is not a science. It’s a group of philosophers all trying to prove solipsism in a large circle jerk[/quote]
If you really understood what I was saying you would know that I was saying exactly what you said about economists and that is why I got such a kick out of the recent bump here http://piggington.com/us_to_default_on_its_debt_summer_2009
This think tank of well educated numbers crunching economists parsed and sifted their way into complete and utter failure. As they say in circle jerk circles, it’s not the journey that’s important, it’s the destination, and here, we have a circle of jerkers with a serious case of the blue-balls.