[quote=fredo4][quote=peterb]
Only time will tell, but we need another bubble and I dont see it anywhere. I think we are now stuck in reality and have to face the fact that the creation of wealth can only be sustained with innovation and gains in productivity and invention. These tend to take more time than creating bubbles.[/quote]
How about a nice big war to fix the economy?
Seriously though, I just don’t see anything that’s going to help us out of this one. Government intervention to slow foreclosure rates is just prolonging the agony. The simple fact is that without the exotic loans, houses are too expensive.[/quote]
It’s way too early for a sustained rebound, esmith. We are just 2-3 years beyond the real estate peak, and the stock market was at a peak just a year ago.
But thanks for waking people up, even if only for a false alarm!
It’s way too early for a sustained rebound, esmith. We are just 2-3 years beyond the real estate peak, and the stock market was at a peak just a year ago.
But thanks for waking people up, even if only for a false alarm!
It’s way too early for a sustained rebound, esmith. We are just 2-3 years beyond the real estate peak, and the stock market was at a peak just a year ago.
But thanks for waking people up, even if only for a false alarm!
It’s way too early for a sustained rebound, esmith. We are just 2-3 years beyond the real estate peak, and the stock market was at a peak just a year ago.
But thanks for waking people up, even if only for a false alarm!
