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kipp440

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kipp440

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Monday, 10/03/2005 9:10:10 AM

Monday, October 03, 2005 9:10:10 AM

Post# of 173790
Housing Bubble Busted, Peak Oil

My Dad sent this link to me. I feel it is a must read for this board. It will make you think about the housing bubble and people bailing out of commitments to buy 3500 square foot houses 40 miles away from their work. They can't afford the heating and air conditioning costs, nor $70.00 fill ups for the gas pig SUV's. It also talks about "Peak Oil" and what that could mean for us in the near future. High energy prices may be the straw that breaks the housing boom's back.

Please read this interview, it's worth thinking about.

http://www.financialsense.com/transcriptions/Kuntsler.html

Kipp




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