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peterb
Participant4plex is talking my book! The ten year bond may go up and down for the next year or two, but there’s a good chance it’s gonna end up over 6%. What’s that gonna look like in the RE market for prices? Got cash? Look for taxes on everything to start rising strongly in 2010.
peterb
Participant4plex is talking my book! The ten year bond may go up and down for the next year or two, but there’s a good chance it’s gonna end up over 6%. What’s that gonna look like in the RE market for prices? Got cash? Look for taxes on everything to start rising strongly in 2010.
peterb
Participant4plex is talking my book! The ten year bond may go up and down for the next year or two, but there’s a good chance it’s gonna end up over 6%. What’s that gonna look like in the RE market for prices? Got cash? Look for taxes on everything to start rising strongly in 2010.
June 6, 2009 at 1:40 PM in reply to: San Diego Fire Chief retires at 53 with $123K/yr pension for life… #411454peterb
ParticipantI have a feeling that the next 10 years we’ll see people with Federal level jobs be the old “middle class” of our society. There’s a lot of them, they have decent and reliable comp packages and they work for the guys who print the money. This will be what’s left of our middle class. If one could call it a “middle class” for the last 20 years. Get these jobs while you can. But it may be too late for most.
June 6, 2009 at 1:40 PM in reply to: San Diego Fire Chief retires at 53 with $123K/yr pension for life… #411692peterb
ParticipantI have a feeling that the next 10 years we’ll see people with Federal level jobs be the old “middle class” of our society. There’s a lot of them, they have decent and reliable comp packages and they work for the guys who print the money. This will be what’s left of our middle class. If one could call it a “middle class” for the last 20 years. Get these jobs while you can. But it may be too late for most.
June 6, 2009 at 1:40 PM in reply to: San Diego Fire Chief retires at 53 with $123K/yr pension for life… #411937peterb
ParticipantI have a feeling that the next 10 years we’ll see people with Federal level jobs be the old “middle class” of our society. There’s a lot of them, they have decent and reliable comp packages and they work for the guys who print the money. This will be what’s left of our middle class. If one could call it a “middle class” for the last 20 years. Get these jobs while you can. But it may be too late for most.
June 6, 2009 at 1:40 PM in reply to: San Diego Fire Chief retires at 53 with $123K/yr pension for life… #412005peterb
ParticipantI have a feeling that the next 10 years we’ll see people with Federal level jobs be the old “middle class” of our society. There’s a lot of them, they have decent and reliable comp packages and they work for the guys who print the money. This will be what’s left of our middle class. If one could call it a “middle class” for the last 20 years. Get these jobs while you can. But it may be too late for most.
June 6, 2009 at 1:40 PM in reply to: San Diego Fire Chief retires at 53 with $123K/yr pension for life… #412155peterb
ParticipantI have a feeling that the next 10 years we’ll see people with Federal level jobs be the old “middle class” of our society. There’s a lot of them, they have decent and reliable comp packages and they work for the guys who print the money. This will be what’s left of our middle class. If one could call it a “middle class” for the last 20 years. Get these jobs while you can. But it may be too late for most.
peterb
ParticipantIt has occured to me that the carnage from this could be so incredibly bad that the federal govt gets radical on contractual law. Steps in and halts everything in its tracks. This would kill the market, but the market would be getting killed anyway. The final outcome of huge price reductions is inescapable, but the RE business could be put in a zombie state for quite a while. Just a thought.
peterb
ParticipantIt has occured to me that the carnage from this could be so incredibly bad that the federal govt gets radical on contractual law. Steps in and halts everything in its tracks. This would kill the market, but the market would be getting killed anyway. The final outcome of huge price reductions is inescapable, but the RE business could be put in a zombie state for quite a while. Just a thought.
peterb
ParticipantIt has occured to me that the carnage from this could be so incredibly bad that the federal govt gets radical on contractual law. Steps in and halts everything in its tracks. This would kill the market, but the market would be getting killed anyway. The final outcome of huge price reductions is inescapable, but the RE business could be put in a zombie state for quite a while. Just a thought.
peterb
ParticipantIt has occured to me that the carnage from this could be so incredibly bad that the federal govt gets radical on contractual law. Steps in and halts everything in its tracks. This would kill the market, but the market would be getting killed anyway. The final outcome of huge price reductions is inescapable, but the RE business could be put in a zombie state for quite a while. Just a thought.
peterb
ParticipantIt has occured to me that the carnage from this could be so incredibly bad that the federal govt gets radical on contractual law. Steps in and halts everything in its tracks. This would kill the market, but the market would be getting killed anyway. The final outcome of huge price reductions is inescapable, but the RE business could be put in a zombie state for quite a while. Just a thought.
peterb
ParticipantI think a lot of people are watching it very closely now. If it breaks $1040. It’ll be off to the races for it. I’d still keep my physical as insurance against the unknown. But the gold mining companies will sky rocket on this event.
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