How’s everyone feeling these days about the economy?

[zzz]

The market is far too volatile and emotional for me to come to any logical conclusions. The market is DESPERATE for any decent news that its actually rallying right now. I think from a longer term perspective its going to get a lot uglier which is no shocker and I think if you don’t have to spend any more $$ on anything, that’s probably the wise thing to do as you’ll need the cash. That said with our gov’t inflating us out of this and our dollar crashing, maybe we all should go out and buy homes. At least we’d have something tangible to show for it versus a bunch of worthless paper.

[NotCranky]

I see a spike in unemployment and less employment, amongst my white collar neighbors and hear about it from friends.( I had seen it with people in construction and real estate, much earlier) Some of them have already combined generational resources, including living together, to get on with things. What I see is that they are still happy so I am glad about that.

I do hope that people won’t hurt themselves or their relationships over this. The last few days news has made me recall stories of people throwing themselves off buildings during the depression. I hope they don’t do that again,even the worst bums on Wall Street.

[NotCranky]

I see a spike in unemployment and less employment, amongst my white collar neighbors and hear about it from friends.( I had seen it with people in construction and real estate, much earlier) Some of them have already combined generational resources, including living together, to get on with things. What I see is that they are still happy so I am glad about that.

I do hope that people won’t hurt themselves or their relationships over this. The last few days news has made me recall stories of people throwing themselves off buildings during the depression. I hope they don’t do that again,even the worst bums on Wall Street.

[NotCranky]

I see a spike in unemployment and less employment, amongst my white collar neighbors and hear about it from friends.( I had seen it with people in construction and real estate, much earlier) Some of them have already combined generational resources, including living together, to get on with things. What I see is that they are still happy so I am glad about that.

I do hope that people won’t hurt themselves or their relationships over this. The last few days news has made me recall stories of people throwing themselves off buildings during the depression. I hope they don’t do that again,even the worst bums on Wall Street.

[NotCranky]

I see a spike in unemployment and less employment, amongst my white collar neighbors and hear about it from friends.( I had seen it with people in construction and real estate, much earlier) Some of them have already combined generational resources, including living together, to get on with things. What I see is that they are still happy so I am glad about that.

I do hope that people won’t hurt themselves or their relationships over this. The last few days news has made me recall stories of people throwing themselves off buildings during the depression. I hope they don’t do that again,even the worst bums on Wall Street.

[NotCranky]

I see a spike in unemployment and less employment, amongst my white collar neighbors and hear about it from friends.( I had seen it with people in construction and real estate, much earlier) Some of them have already combined generational resources, including living together, to get on with things. What I see is that they are still happy so I am glad about that.

I do hope that people won’t hurt themselves or their relationships over this. The last few days news has made me recall stories of people throwing themselves off buildings during the depression. I hope they don’t do that again,even the worst bums on Wall Street.

[Enorah]

I hear you, Rustico. It is just money after all.

[Enorah]

I hear you, Rustico. It is just money after all.

[Enorah]

I hear you, Rustico. It is just money after all.

[Enorah]

I hear you, Rustico. It is just money after all.

[Enorah]

I hear you, Rustico. It is just money after all.

[peterb]

We’ve just been through the biggest credit bubble in human history with basically all asset classes going through the roof for the last 4 years or so. Economic history tells us that this will be a horrific unwinding. Some pretty sharp analysts are saying that most assets will stabilize at 50% from their peaks. That makes the median priced RE in CA about $200 and the DOW at 7500. But the real beotch is gonna be getting there. I think that next couple of months unemployment numbers are going to hammer the markets as this will indicate a systemic melt-down beyond RE and the financial markets. Retail will get slaughtered. Just my 2 cents.

[peterb]

We’ve just been through the biggest credit bubble in human history with basically all asset classes going through the roof for the last 4 years or so. Economic history tells us that this will be a horrific unwinding. Some pretty sharp analysts are saying that most assets will stabilize at 50% from their peaks. That makes the median priced RE in CA about $200 and the DOW at 7500. But the real beotch is gonna be getting there. I think that next couple of months unemployment numbers are going to hammer the markets as this will indicate a systemic melt-down beyond RE and the financial markets. Retail will get slaughtered. Just my 2 cents.

[peterb]

We’ve just been through the biggest credit bubble in human history with basically all asset classes going through the roof for the last 4 years or so. Economic history tells us that this will be a horrific unwinding. Some pretty sharp analysts are saying that most assets will stabilize at 50% from their peaks. That makes the median priced RE in CA about $200 and the DOW at 7500. But the real beotch is gonna be getting there. I think that next couple of months unemployment numbers are going to hammer the markets as this will indicate a systemic melt-down beyond RE and the financial markets. Retail will get slaughtered. Just my 2 cents.

[peterb]

We’ve just been through the biggest credit bubble in human history with basically all asset classes going through the roof for the last 4 years or so. Economic history tells us that this will be a horrific unwinding. Some pretty sharp analysts are saying that most assets will stabilize at 50% from their peaks. That makes the median priced RE in CA about $200 and the DOW at 7500. But the real beotch is gonna be getting there. I think that next couple of months unemployment numbers are going to hammer the markets as this will indicate a systemic melt-down beyond RE and the financial markets. Retail will get slaughtered. Just my 2 cents.

[Author]

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