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February 24, 2008 at 11:52 AM in reply to: Temperature Check for 2008 – Now how low do you think it will go? #158971February 24, 2008 at 11:52 AM in reply to: Temperature Check for 2008 – Now how low do you think it will go? #159265
JWM in SD
ParticipantJWM in SD
Stan,
You are making the same bad assumptinos that many of the shill economists did as well: Median Income remains steady in the face of a severe RE recession.
A better question to ask is how the median income changes depending on what % of a particular region derived its median income from RE related industries. What about discretionary consumer driven services and products?
Don’t assume median income will remain constant. That is why it is imperative for people to begin looking at their current job and honestly assessing how well their company will fare in a recession.
February 24, 2008 at 11:52 AM in reply to: Temperature Check for 2008 – Now how low do you think it will go? #159276ParticipantJWM in SD
Stan,
You are making the same bad assumptinos that many of the shill economists did as well: Median Income remains steady in the face of a severe RE recession.
A better question to ask is how the median income changes depending on what % of a particular region derived its median income from RE related industries. What about discretionary consumer driven services and products?
Don’t assume median income will remain constant. That is why it is imperative for people to begin looking at their current job and honestly assessing how well their company will fare in a recession.
February 24, 2008 at 11:52 AM in reply to: Temperature Check for 2008 – Now how low do you think it will go? #159283ParticipantJWM in SD
Stan,
You are making the same bad assumptinos that many of the shill economists did as well: Median Income remains steady in the face of a severe RE recession.
A better question to ask is how the median income changes depending on what % of a particular region derived its median income from RE related industries. What about discretionary consumer driven services and products?
Don’t assume median income will remain constant. That is why it is imperative for people to begin looking at their current job and honestly assessing how well their company will fare in a recession.
February 24, 2008 at 11:52 AM in reply to: Temperature Check for 2008 – Now how low do you think it will go? #159359ParticipantJWM in SD
Stan,
You are making the same bad assumptinos that many of the shill economists did as well: Median Income remains steady in the face of a severe RE recession.
A better question to ask is how the median income changes depending on what % of a particular region derived its median income from RE related industries. What about discretionary consumer driven services and products?
Don’t assume median income will remain constant. That is why it is imperative for people to begin looking at their current job and honestly assessing how well their company will fare in a recession.
ParticipantJWM in SD
Pemeliza,
Look at a chart of M3 and correlate it to SD housing prices. It is almost perfect. The hyperinflation already happened. Debt/Money (m3) is created out of thin air and that is why you don’t need printing presses to have hyperinflation.
ParticipantJWM in SD
Pemeliza,
Look at a chart of M3 and correlate it to SD housing prices. It is almost perfect. The hyperinflation already happened. Debt/Money (m3) is created out of thin air and that is why you don’t need printing presses to have hyperinflation.
ParticipantJWM in SD
Pemeliza,
Look at a chart of M3 and correlate it to SD housing prices. It is almost perfect. The hyperinflation already happened. Debt/Money (m3) is created out of thin air and that is why you don’t need printing presses to have hyperinflation.
ParticipantJWM in SD
Pemeliza,
Look at a chart of M3 and correlate it to SD housing prices. It is almost perfect. The hyperinflation already happened. Debt/Money (m3) is created out of thin air and that is why you don’t need printing presses to have hyperinflation.
ParticipantJWM in SD
Pemeliza,
Look at a chart of M3 and correlate it to SD housing prices. It is almost perfect. The hyperinflation already happened. Debt/Money (m3) is created out of thin air and that is why you don’t need printing presses to have hyperinflation.
ParticipantJWM in SD
Here is all you need to know about what “Equity” really means:
Assets – Liabilities = Owner’s Equity
Accounting 101 my friends.
ParticipantJWM in SD
Here is all you need to know about what “Equity” really means:
Assets – Liabilities = Owner’s Equity
Accounting 101 my friends.
ParticipantJWM in SD
Here is all you need to know about what “Equity” really means:
Assets – Liabilities = Owner’s Equity
Accounting 101 my friends.
ParticipantJWM in SD
Here is all you need to know about what “Equity” really means:
Assets – Liabilities = Owner’s Equity
Accounting 101 my friends.
ParticipantJWM in SD
Here is all you need to know about what “Equity” really means:
Assets – Liabilities = Owner’s Equity
Accounting 101 my friends.
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