Replies to post #539112 on Zeev's Turnips Patch-No Politics (ZEEV)

[federal reserves]

The credit bubble is imploding, starting first at the lowest levels, folks who cannot pay. Then running up higher. Folks who hold debt that will not pay. Sooner or later the rich will panic since they hold the debt. They are getting ready to panic. It is just a matter of time.

[AD]

not a pretty housing picture at all, maven

but we called this right here, for some time...

a bubble is a bubble is a bubble

Having just saw the tech mania 7 yrs ago, housing looked eerily similar didn't it!

[Bearmove]

Believe it or not, home prices in San Diego went up last month.