[quote=markmax33]
SK in CV,
Obviously we are below 2003 inflation adjusted values so I was dead on at the time. If you predicted the housing bubble so late, maybe you are just behind the curve on the $14.8T on federal debt and how it will destroy our society and way of life if we don’t get it under control. I suggest you research it and then you will be motivated to correct the federal reserve system which distorts our markets.[/quote]
Some markets are below 2003 inflation adjusted values, some aren’t. But no, I wasn’t behind the curve. If I had sold when you predicted the bubble, I would have been out about $450,000. I was early by about a year in predicting the end of the bubble.
And Paul was right on his prediction of the bubble. He was dead wrong on the cause.
By the way, have you ever reviewed the Fed audit? Interesting as always.