tag:blogger.com,1999:blog-27885619.post8249726414126533370..comments2023-11-03T02:41:15.906-07:00Comments on Real Estate comments: Knowledge of downturn is growningwannabuyhttp://www.blogger.com/profile/04297458705683991405noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-27885619.post-90354899600444442452007-03-08T16:19:00.000-08:002007-03-08T16:19:00.000-08:00TJ,That was on out economics. ;)Read the new post...TJ,<BR/><BR/>That was on out economics. ;)<BR/><BR/>Read the new post. Ziprealty just exploded! Real? Glitch? I wish I knew... Endgame? (Already!?!???)<BR/><BR/>Yea... debt now is no longer multiplying in the economy (at least not multiplying significantly). <BR/><BR/><BR/><BR/>Got popcorn?<BR/>Neilwannabuyhttps://www.blogger.com/profile/04297458705683991405noreply@blogger.comtag:blogger.com,1999:blog-27885619.post-48545424009868355142007-03-07T19:57:00.000-08:002007-03-07T19:57:00.000-08:00While your so busy posting everywhere but your own...While your so busy posting everywhere but your own site, check this out over at Mish's (credited to Mr. Practical at Minyanville):<BR/><BR/><I>Total U.S. debt is now 3.6 times GDP and continues to grow. But new debt is having less and less effect in driving economic growth: more income is going to service that debt and less to creating production, the stuff that generates income. The second highest U.S. debt has ever been was 2.9 times in 1929. Despite Mr. Bernanke’s false recollections of Fed actions back then, they created an immense amount of liquidity (credit) trying to cure the stock market crash. The market did rally back temporarily as a result, then slowly crashed much worse as that new credit just went to short term speculation in stocks. The new money did no real good because there was already too much capacity, so the credit never went to creating production. The same thing is happening today. It now takes $7 of new debt to make $1 of GDP where it only took $1 in 1980 and $3 in 2000.<BR/><BR/>And the consumer, which is most of the economy, is in trouble too. Today household debt is now 130% of income. That is up from 100% just in 2001, 70% in 1986, and 40% in 1953. How quaint we were back then.</I>TJandTheBearhttps://www.blogger.com/profile/10735388072841457108noreply@blogger.comtag:blogger.com,1999:blog-27885619.post-21972478696544072282007-03-07T19:54:00.000-08:002007-03-07T19:54:00.000-08:00Before you eat any more popcorn, here's some of yo...Before you eat any more popcorn, here's some of your own words to chew on... ;-) <BR/><BR/><I>You'll get updates... but expect a quarter to pass before I write anything more. Wedding plans have priority.</I><BR/><BR/>Gee, that was like, how many posts back???TJandTheBearhttps://www.blogger.com/profile/10735388072841457108noreply@blogger.comtag:blogger.com,1999:blog-27885619.post-62087206297953019152007-03-07T17:24:00.000-08:002007-03-07T17:24:00.000-08:00For a guy about to get married, you still manage t...<I> <BR/>For a guy about to get married, you still manage to hit THBB pretty regularly... ;-) </I><BR/><BR/>Exactly how many hours of a day can one think about a wedding... riddle me that!<BR/><BR/>Got popcorn?<BR/>Neilwannabuyhttps://www.blogger.com/profile/04297458705683991405noreply@blogger.comtag:blogger.com,1999:blog-27885619.post-33265105160268351262007-03-06T22:45:00.000-08:002007-03-06T22:45:00.000-08:00Neil!For a guy about to get married, you still man...Neil!<BR/><BR/>For a guy about to get married, you still manage to hit THBB pretty regularly... ;-)TJandTheBearhttps://www.blogger.com/profile/10735388072841457108noreply@blogger.comtag:blogger.com,1999:blog-27885619.post-82606790622753905292007-03-06T19:03:00.000-08:002007-03-06T19:03:00.000-08:00You can only lead a horse to water...She can't say...You can only lead a horse to water...<BR/><BR/>She can't say later she wasn't told...Larry Robertshttps://www.blogger.com/profile/07551274023310137270noreply@blogger.comtag:blogger.com,1999:blog-27885619.post-6462089177762188842007-03-05T00:13:00.000-08:002007-03-05T00:13:00.000-08:00I could only pray my sis would call me, but I'd li...I could only pray my sis would call me, but I'd likely get the same response. Sigh.TJandTheBearhttps://www.blogger.com/profile/10735388072841457108noreply@blogger.com