Whereas Thornberg tells people not to sell their homes and move in with their parents, one of PIMCO’s Executive VPs did just that! Sell the home that is, and rent.
Now why does Thornberg link selling a home to moving back in with mom and dad? He’s ridiculing the idea, that’s why!
Read the bio of the PIMCO VP. Very impressive.
sdrealtor, I am dying to hear your take on my analysis of this conference. Ask your buddies who were there, what they think. Everyone’s speechless, since it’s so obvious how bad Thornberg really is at his forecast, and it took a housewife to expose him.