For Toppy: bad credit tops terror as risk to economy
- Thread starter Onceler
- Start date
im keeping close watch now. My gut is that the market will deflate slightly more then where it shood. maybe by a few percent.. IF it reacts similar to the stockmarket.. if you can catch that you will be styling because after the initial bound back it will slowly build again. I dont think it will be a crazy market when it does turn arount though. With homes there is alot more involved so its harder to build up to the hysteria that was the bull housing market of last few years.
Other experts predict'ed' that the housing market would not reverse in value and that we would just have 1 or 2% years for a few years that would average out the double digit years back to the 100 year 6% avg. As you are reading thats not the case. we are actually loosing value in many areas.
IM looking to find equilibrium with renting income versus mortgage payment. This to me would be a sign of a bottom.
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so there are alot of democrats on here bashing the market.. doom and gloom. but chances are that you will start formulating your economic policies next year and will win the whitehouse for 09. What would you all look for to tame this credit crunch? Or will we here flip flop opinions that things are not that bad once your in office experiencing the same sort of shit.
uscitizen
Villified User
I been makin lots of money on the marketno your a duffass, you could have made a lot of money in the mean time instead of crying like the little bitch that you are.
Man, you still don't get it.
You confuse economics with investing. And they're STILL pretty well connected. If you think Wall Street shares your "what me worry...it's still been a good year" outlook & takes the credit crunch about as seriously as a mild cold, you're a little off.
I have said for years that the Bush economy, which you have at times called "white hot," has been mainly sluggish/stop & go, and has been propped up almost exclusively by the housing market & consumer spending, which are inextricably tied together (something which you're rather small brain repeatedly refused to accept).
Class dismissed, grasshopper. You couldn't have been more wrong.
You confuse economics with investing. And they're STILL pretty well connected. If you think Wall Street shares your "what me worry...it's still been a good year" outlook & takes the credit crunch about as seriously as a mild cold, you're a little off.
I have said for years that the Bush economy, which you have at times called "white hot," has been mainly sluggish/stop & go, and has been propped up almost exclusively by the housing market & consumer spending, which are inextricably tied together (something which you're rather small brain repeatedly refused to accept).
Class dismissed, grasshopper. You couldn't have been more wrong.
Topspin
Verified User
one did you hurt your GED brain with the tied to the consumer coment. Next your going to predict daylight tommorrow.
Nobody said it's being treated like a cold, I said I expect a rate cut in sept and like Chappy correctly claims I called the housing bubble way before you guys when I said take the 2000 yr price and add 6% annually, till it's below that we're inflated.
That said double digit corp earnings are very much supported by global growth and while a housing recession (we are in one) usually leads to an overall recession there's a good chance that it won't.
All this time you've been crying I prob made 100,000 in the market.
Nobody said it's being treated like a cold, I said I expect a rate cut in sept and like Chappy correctly claims I called the housing bubble way before you guys when I said take the 2000 yr price and add 6% annually, till it's below that we're inflated.
That said double digit corp earnings are very much supported by global growth and while a housing recession (we are in one) usually leads to an overall recession there's a good chance that it won't.
All this time you've been crying I prob made 100,000 in the market.
Tops, you did nothing but ridicule when I tried arguing OVER A YEAR AGO that this would be a problem. You want me to dig up some threads? I'm sure they'd be very entertaining.
And there isn't any reason to make it personal. I'm in the market, I've made money, and.....so what? I am NOT arguing that the market is not one of the best investments over the course of time. You're too thick to realize that.
And there isn't any reason to make it personal. I'm in the market, I've made money, and.....so what? I am NOT arguing that the market is not one of the best investments over the course of time. You're too thick to realize that.