len: At what point do you consider that you are correct. If you call a downturn or bubble 2 years before it happens is that correct. Do you have to call it 1 year ahead or 3 years? I am not at all sure that
You can propagate theories until you are blue in the face, until the Kansas frost enters through your unheated home and numbs your typing fingers, it does not make them true. What happens to the millions of homeowners in this country is still a small part of the world. Your macro view means nothing to people who have nothing, it does not make your view any less or more important. Most of the worlds population would be thrilled to be living in a house of 2500 square feet with an upside down mortgage.
My point here is that you have been crying wolf for awhile and eventually you will be right, but so what? How are you helping the "millions of people" you talk about? Are you giving seminars, writing articles, books that will be read and acted upon by the millions? Maybe keeping everyones head in the sand would keep real estate prices high and the economy strong. Increase in asset values usually have a correction phase before they move higher.
I will continue to thrive in my Micro view . . . ultimately that is what feeds my family. I assume you care about what feeds your family as well, or is that also irrelevant?
Signatures are so yesterday!
