faceking
Cherished Member
- Joined
- Nov 14, 2004
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Last I checked.. unemployment still stands around/better than the average of the 90s, 80s and 70s.
Stock market hasn't tanked... it's cooled. Slight up from 12 months ago, down from 6 months ago, up from 2 years ago, 3 years ago, etc...
Real estate is doing what internet/tech did in 2000. Except keep in mind how BIG the tech bubble of 3-5 years was vs a real estate bubble of 15 years.
The stock market then was partially inflated by shady bookkeeping, and the housing market was partially inflated by gambling with re-fi's and ARMs... assuming real estate would never go down.
Dollar is down, but fortunately... that isn't a 100% bad thing.
Stock market hasn't tanked... it's cooled. Slight up from 12 months ago, down from 6 months ago, up from 2 years ago, 3 years ago, etc...
Real estate is doing what internet/tech did in 2000. Except keep in mind how BIG the tech bubble of 3-5 years was vs a real estate bubble of 15 years.
The stock market then was partially inflated by shady bookkeeping, and the housing market was partially inflated by gambling with re-fi's and ARMs... assuming real estate would never go down.
Dollar is down, but fortunately... that isn't a 100% bad thing.