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Post# of 704019
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porter

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porter

Re: federal reserves post# 388939

Friday, 05/06/2005 1:17:29 AM

Friday, May 06, 2005 1:17:29 AM

Post# of 704019
I sold all my real estate last year. Also all my bonds.
-------------------------------------------------------
FR--

You have the strength of your convictions. I differ from your views in that I believe an imminent crash is unlikely. The end goal of a SUCCESSFUL parasite(a credit card)is NOT to kill it's host(the public) but to feed off of it. I see this Bear lingering for a good decade and longer, culminating in a deflationary environment.
I recently read that reverse mortages are starting to grow in numbers. No surprise there for those concerned with the Bubble.

Regards
--P

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