- This topic has 215 replies, 22 voices, and was last updated 15 years, 11 months ago by
davelj.
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January 13, 2009 at 2:37 PM #328592January 13, 2009 at 3:06 PM #328083
AK
ParticipantSomeday (soon, I hope) our economy will evolve into something viable and sustainable and we’ll recover 🙂
January 13, 2009 at 3:06 PM #328418ParticipantSomeday (soon, I hope) our economy will evolve into something viable and sustainable and we’ll recover 🙂
January 13, 2009 at 3:06 PM #328490ParticipantSomeday (soon, I hope) our economy will evolve into something viable and sustainable and we’ll recover 🙂
January 13, 2009 at 3:06 PM #328513ParticipantSomeday (soon, I hope) our economy will evolve into something viable and sustainable and we’ll recover 🙂
January 13, 2009 at 3:06 PM #328597ParticipantSomeday (soon, I hope) our economy will evolve into something viable and sustainable and we’ll recover 🙂
January 13, 2009 at 3:11 PM #328088carlsbadworker
Participant[quote=sdduuuude]
One day, I guess.What is it about “Japan had 0% rates and still lost a decade” that people don’t understand ?
[/quote]The reason that Japan had 0% rates but it still has deflation is because the famous phenomenon known as “carry-trade”. The rest of the world’s economy was booming at that time. So naturally, people took money from Japan central bank and invested it elsewhere. So the printing press does not work as a tool to fight deflation over there.
I would argue the same circumstance does not exist now for US economy. Therefore, the printing press will show its full blown effect one day.January 13, 2009 at 3:11 PM #328423Participant[quote=sdduuuude]
One day, I guess.What is it about “Japan had 0% rates and still lost a decade” that people don’t understand ?
[/quote]The reason that Japan had 0% rates but it still has deflation is because the famous phenomenon known as “carry-trade”. The rest of the world’s economy was booming at that time. So naturally, people took money from Japan central bank and invested it elsewhere. So the printing press does not work as a tool to fight deflation over there.
I would argue the same circumstance does not exist now for US economy. Therefore, the printing press will show its full blown effect one day.January 13, 2009 at 3:11 PM #328495Participant[quote=sdduuuude]
One day, I guess.What is it about “Japan had 0% rates and still lost a decade” that people don’t understand ?
[/quote]The reason that Japan had 0% rates but it still has deflation is because the famous phenomenon known as “carry-trade”. The rest of the world’s economy was booming at that time. So naturally, people took money from Japan central bank and invested it elsewhere. So the printing press does not work as a tool to fight deflation over there.
I would argue the same circumstance does not exist now for US economy. Therefore, the printing press will show its full blown effect one day.January 13, 2009 at 3:11 PM #328518Participant[quote=sdduuuude]
One day, I guess.What is it about “Japan had 0% rates and still lost a decade” that people don’t understand ?
[/quote]The reason that Japan had 0% rates but it still has deflation is because the famous phenomenon known as “carry-trade”. The rest of the world’s economy was booming at that time. So naturally, people took money from Japan central bank and invested it elsewhere. So the printing press does not work as a tool to fight deflation over there.
I would argue the same circumstance does not exist now for US economy. Therefore, the printing press will show its full blown effect one day.January 13, 2009 at 3:11 PM #328602Participant[quote=sdduuuude]
One day, I guess.What is it about “Japan had 0% rates and still lost a decade” that people don’t understand ?
[/quote]The reason that Japan had 0% rates but it still has deflation is because the famous phenomenon known as “carry-trade”. The rest of the world’s economy was booming at that time. So naturally, people took money from Japan central bank and invested it elsewhere. So the printing press does not work as a tool to fight deflation over there.
I would argue the same circumstance does not exist now for US economy. Therefore, the printing press will show its full blown effect one day.January 13, 2009 at 3:20 PM #328109(former)FormerSanDiegan
Participant[quote=asianautica]
San Diego, I think, is a long way from <50%*rent, if it ever get there. However, places like Fresno is already there.[/quote]I seriously doubt we will see that kind of figure for single family homes in any reasonable middle class neighborhood in San Diego. It has not happened at any time in the past 40 years. For apartment buildings and condos in marginal areas I would expect to see these kinds of situations develop. Also might happen in the barrio for SFRs.
January 13, 2009 at 3:20 PM #328444Participant[quote=asianautica]
San Diego, I think, is a long way from <50%*rent, if it ever get there. However, places like Fresno is already there.[/quote]I seriously doubt we will see that kind of figure for single family homes in any reasonable middle class neighborhood in San Diego. It has not happened at any time in the past 40 years. For apartment buildings and condos in marginal areas I would expect to see these kinds of situations develop. Also might happen in the barrio for SFRs.
January 13, 2009 at 3:20 PM #328515Participant[quote=asianautica]
San Diego, I think, is a long way from <50%*rent, if it ever get there. However, places like Fresno is already there.[/quote]I seriously doubt we will see that kind of figure for single family homes in any reasonable middle class neighborhood in San Diego. It has not happened at any time in the past 40 years. For apartment buildings and condos in marginal areas I would expect to see these kinds of situations develop. Also might happen in the barrio for SFRs.
January 13, 2009 at 3:20 PM #328538Participant[quote=asianautica]
San Diego, I think, is a long way from <50%*rent, if it ever get there. However, places like Fresno is already there.[/quote]I seriously doubt we will see that kind of figure for single family homes in any reasonable middle class neighborhood in San Diego. It has not happened at any time in the past 40 years. For apartment buildings and condos in marginal areas I would expect to see these kinds of situations develop. Also might happen in the barrio for SFRs.
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