tag:blogger.com,1999:blog-6568749253826790814.post8904451965874016581..comments2024-01-05T10:11:27.498+00:00Comments on Soot and Ashes: The World AFTER the Crash: What does December 31, 2009 look like? What will have passed?bloggerhttp://www.blogger.com/profile/06585266242070350399noreply@blogger.comBlogger59125tag:blogger.com,1999:blog-6568749253826790814.post-8072754726415073682008-12-29T20:27:00.000+00:002008-12-29T20:27:00.000+00:00Unlike you keith, I ACTUALLY WENT BACK and found t...Unlike you keith, I ACTUALLY WENT BACK and found the 2008 predictions. Here are just a few from various different posts, mostly from the first 20% or so of the thread:<BR/><BR/><BR/><I><BR/>My prediction for 2008 is that the real estate market will recover and our stock market will go through another bull run after it hits a low of 12000.<BR/><BR/>Hitlery wins primaries in a landslide.<BR/><BR/>Rudy wins primaries but Romney/Huckabee make it interesting until March.<BR/><BR/>Rudy wins election by about 75 electoral votes.<BR/><BR/><BR/><BR/><BR/>$100 a barrel will be cheap oil and gas will be $4.00 a gallon by Q3 or Q4 of 08.<BR/><BR/><BR/><BR/>Gold new highs<BR/>Oil new highs<BR/><BR/>War breaks out in a new Middle east country<BR/><BR/>A major "Accident" around election time.<BR/><BR/><BR/><BR/>we're a nation of idiots, we will elect an idiot = either Hillary or Huckabee.<BR/><BR/><BR/>-Pres-o-dent Huckabee<BR/><BR/>-Housing prices go down to a maximum of 2001 prices<BR/><BR/><BR/><BR/>-War with Iran and Syria courtesy of AIPAC et all<BR/>-Bush declares state of emergency and elections suspended indefinitly<BR/>-Everyone who can breath is drafted<BR/>-WWIII as Iraq, Pakistan, India, and Afghanistan all collapse into the war vortex<BR/>-Europeans flip out<BR/>-China and Russia jump into the fray<BR/>The end of America :(.<BR/><BR/><BR/><BR/><BR/>Oil prices skyrocket more - $5/gallon gas. Gold continues to rise on a weak dollar.<BR/><BR/><BR/>Ron Paul is going to win the first few primaries and caucuses, leading up to a Clinton/Paul showdown. Paul wins by such a landslide that both parties are thrown into total disarray.<BR/><BR/><BR/><BR/><BR/>1) Beware the October surprise.<BR/><BR/>2) The Bush crime family moves to South America with their loot.<BR/><BR/>3) Gasoline shortages.<BR/><BR/>4) Riots.<BR/><BR/><BR/><BR/>Michael Bloomberg will launch a third-party Presidential bid by February or March. The result will be election of the next President by the House of Representatives. Neither he, nor the Democratic or Republican nominees will be elected, however.<BR/><BR/>The 2008 Summer Olympics will be an international embarassment for China, which will react with a belligerent burst of xenophobia.<BR/><BR/>Several states, already poorly managed by incompetent politicians, will default on bond payments. Some will have to close parts of their higher education system (colleges and universities) in order to remain solvent.<BR/><BR/><BR/><BR/><BR/>China calls our debt then offers to forgive it on conditions like the World Bank gives 3rd world. Yuan becomes world currency. <BR/></I><BR/><BR/><BR/>WOW, it's EERIE how SPOT ON they are, LOLOL! In fact, these are among the LEAST accurate predictions I saw from ANY source. Listen up, IDIOTS, WISHING for something to happen to save your ego or your investment bets (Ron Paul, riots, Yuan world currency), doesn't make it more likely!<BR/><BR/>TRY AGAIN!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-6031040602631562122008-12-25T01:40:00.000+00:002008-12-25T01:40:00.000+00:00Good gried, this site is an idiot magnet. The ave...Good gried, this site is an idiot magnet. The average price of a house is now 180k, compared to an average income of about 50-60k it has finally corrected.<BR/><BR/>The unemployment rate is 6.7 (and yes I know it is going up) and GDP is decreasing slowly around 1-2%<BR/><BR/>In the great depression the unemployment rate was 25%, and in the recession in the early 80s it was around 10%, just to keep things in perspective. GDP contracted in the great depression by double digits over several years as well.<BR/><BR/>The economy had been so good for so long up until mid 2007 that everyone has totally lost perspective.<BR/><BR/>Get a clue folks, the biggest problem America has right now are the idiots who are obsessed with reliving their dream of a great depression 2.<BR/><BR/>I do admit though that the blog is spot on with respect to the criminal behavior of the Fed and the real estate investors who cause this mess. We should start executing people for white collar crime. It would never happen again.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-79390597340532219112008-12-23T08:18:00.000+00:002008-12-23T08:18:00.000+00:00* HousingDown 25%* StocksDown 20% from 1/1/08* Dol...* Housing<BR/>Down 25%<BR/><BR/>* Stocks<BR/>Down 20% from 1/1/08<BR/><BR/>* Dollar<BR/>Still enjoying the flight to safety, but slowly weakening vs. other major currencies.<BR/><BR/>* Arrests<BR/>Up--in towns that can still afford cops! Kidnapping for ransom becomes a common news story.<BR/><BR/>* Gold<BR/>$1200 (down from $1600)<BR/><BR/>* Black swans<BR/><BR/>>=30 of the 50 states go bankrupt<BR/><BR/>The Chinese use $ reserves to buy large swaths of US farmland and/or water/timber rights<BR/><BR/>Sallie Mae collapses from massive levels of default: several large university systems mothball their satellite campuses, cut enrollment, cut programs, cut tuition. A few household names struggling to keep their lights on.<BR/><BR/>Low grain prices + high fert prices drastically reduce planted acreage in 2009, due to low supply the post-harvest prices soar. <BR/><BR/>The Pakistani Revolution: theocratic regime takes the wheel, invades AfghanistanAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-89695267322811395112008-12-23T01:05:00.000+00:002008-12-23T01:05:00.000+00:00It might become part of a small segment of society...It might become part of a small segment of society who realizes that one cannot expand indefinitely in a finite system. Any economic system in which interest is involved, needs to expand to pay the interest. We are presently bumping against this reality, and this superstition based economic system will become The Suicide Economy.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-41478577173149598782008-12-22T22:46:00.000+00:002008-12-22T22:46:00.000+00:00Same as last year: This planet is headed for a dis...Same as last year: This planet is headed for a disaster of biblical proportions. What do I mean by "biblical"? What I mean is Old Testament, Keefer, real wrath of God type stuff. Fire and brimstone coming down from the skies! Rivers and seas boiling! Forty years of darkness! Earthquakes, volcanoes... The dead rising from the grave! Human sacrifice, dogs and cats living together... mass hysteria!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-1729118085125207662008-12-22T20:48:00.000+00:002008-12-22T20:48:00.000+00:00Here's Andrew Hac:Lots of charbroiled Americanos, ...Here's Andrew Hac:<BR/><BR/>Lots of charbroiled Americanos, skewered head to tow, rotating slowly, spitting body juices over a bed of white-hot coals.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-89285612777207064142008-12-22T20:07:00.000+00:002008-12-22T20:07:00.000+00:001) More than one major American professional sport...1) More than one major American professional sports league/circuit will fold or undergo severe downsizing due to the drop in ad revenue. Most likely candidates...NASCAR and the LPGA.<BR/><BR/>2) Stephen Harper will be removed from office in Canada, but that won't help matters. It will get so bad up in the Great White North, that there will be whispers in some provinces of union with the USA.<BR/><BR/>3)The federal government will impose "ala carte" pricing on cable TV distributors. Fees for Internet access will skyrocket, dozens of cable channels will go out of business. The Internet will begin to emerge as the nation's largest movie theater, and at least one theater chain will go out of business.<BR/><BR/>4) The bailout of the financial system will begin to crumble. A wave of consolidations will take place among big national and regional banks, the survivors all partially owned and operated by the US government. The FDIC will act as the government's agent in day-to-day operations.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-54239266638195922642008-12-22T19:48:00.000+00:002008-12-22T19:48:00.000+00:001) Another 50% decline in housing prices from curr...1) Another 50% decline in housing prices from current levels.<BR/><BR/>2) Most Americans will be renters.<BR/><BR/>3) 12% Unemployment.<BR/><BR/>4) Ford will survive. GM and Chrysler will not.<BR/><BR/>5) Dow at 5,000.<BR/><BR/>6) Gasoline at $1.00 a gallon.<BR/><BR/>7) Sovereign defaults by California and Illinois. Abroad by Ireland, Argentina, Brazil, Pakistan, and several OPEC member countries.<BR/><BR/>8) Russia begins to implode from internal unrest. Public protests increase, repression eventually fails, the Russian Federation becomes a failed state requiring UN intervention to stabilize.<BR/><BR/>9) China uses her military to forcibly repatriate millions of urban unemployed to the rural areas from which they came. While this will bring some temporary relief from unrest, it will eventually result in an uprising that will sweep away the Communist Party.<BR/><BR/>10) It will be revealed that Osama bin Laden died quietly a couple of years ago.<BR/><BR/>11) Kim Jong-Il will die. So will Fidel Castro. One former US President will also die.<BR/><BR/>12) The US will begin secret negotiations with Mexico that will result in amnesty for illegal Mexican immigrants in exchange for the US military operating within Mexico to combat drug cartels.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-60941312680340691412008-12-22T19:00:00.000+00:002008-12-22T19:00:00.000+00:00Housing: More of the same for prices and legislati...Housing: More of the same for prices and legislation mutes foreclosure growth but the big story will be lost mobility as no one can move or wants to move. Staying put=free house for a year and avoiding capital losses.<BR/><BR/>Stocks: They'll be surprisngly quiet and stable for most of the year. The bad news has less of effect and everyone talks about a rally that never comes.<BR/><BR/>Dollar: Stays strong and bubbly all year. <BR/><BR/>Arrests: Having your bank implode=arrest...if your bank is sold or propped up then you're a free executive.<BR/><BR/>Gold: Just like stocks, everyone waits for a rally that is just around the corner. Only this rally will happen by 2012, just not in 2009.<BR/><BR/>Black Swan: The US government creates a second currency for domestic use only.Tray Deeehttps://www.blogger.com/profile/01641983571932137047noreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-51314134640116317292008-12-22T18:28:00.000+00:002008-12-22T18:28:00.000+00:00The good news will be that 2009 was the bottom of ...The good news will be that 2009 was the bottom of the abyss...which means we still have a ways to fall. So, what will have passed by this time next year?<BR/><BR/>One, the Age of the Investor will have passed. We'e going to be cash and carry for awhile. It's all going to be so old-fashioned. Three generations of a family sharing a home, with most of the backyard given over to food gardens. Everybody working to well past 70 if health allows. Everyone sharing one automobile. We will focus on what we need, a little else. Luxuries spending will disappear, as will all the business that cater to it. The Big Three automakers will no longer exist, Ford will survive, I think. Everyone will shop at WalMart. Professional sports will implode financially and leagues will shrink as franchises disappear. Several TV networks will be merged and we'll end up with two, maybe three like it used to be. Immigration will no longer be a hot button issue as Americans will start taking the jobs back from illegals, who will return home in increasing numbers. Once the moratorium periods for foreclosures pass, there will have been a tsunami beginning in the second quarter and property values will fall another 30-50%. The propect of sovereign defaults among the states will force a wholesale re-evaluation of government priorities. As a whole, we will be far more frugal and fastidious in our habits, and we may even begin saving and making things again. We can feed ourselves, and if we produce the fuel we need. There will have been great change (the Dow at 5000), but we will survive.<BR/><BR/>The rest of the world is something else again. Russia will begin to collapse and break up from internal unrest. So will China. Protectionism will return with a vengeance. There will be many sovereign defaults. There will be revolution in Iran and war between India and Pakistan. It will be briefly nuclear. Israel will wage all-out war against Hamas in the Gaza and will seek alliance with Fatah in the West Bank. There will be civil unrest in every country; and famine in Africa, South America, and Asia.<BR/><BR/>On December 31, 2009 we will step out of The Wayback Machine and find ourselves in a slightly different version of the late 1940's.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-59590823342823826282008-12-22T17:37:00.000+00:002008-12-22T17:37:00.000+00:00* HousingIn most of CA NV FL and AZ the worst is o...* Housing<BR/>In most of CA NV FL and AZ the worst is over. There may be some more downside from here but the majority of the declines are in, especially in the exurbs. ARM resets will have minimal negative impact because LIBOR and Treasury rates have dropped so much that many homeowners will actually get a break when the resets happen. Mortgage rates will drop to around 4% to 4.5% for new purchases, which will slow if not halt price declines in most places. The national median will not drop much. That said there are still some bubblelicious markets that still need to decline further to become affordable. I expect at least 10% price declines over the next year in NYC, DC, Seattle, SF / Silicon Valley, and LA. The bottom is most likely in in the exurban neighborhoods of these metros but the closer in suburbs and urban areas of these metros still have further to drop. I would shop distressed property in these exurbs but rent patiently closer in. The rest of the country should troll the bottom for the next few years before any appreciation comes back. <BR/>* Stocks<BR/>Stocks will sell off sharply during 1st quarter earnings season as the results show that its way worse than they thought. Expect corporate bankruptcies to increase significantly. The Dow will bottom between 6500 and 7500 during the first quarter and trade within 1000 points of it either way for the rest of the year. Some components of the average will be replaced. <BR/>* Dollar<BR/>Deflation is here to stay for the forseeable future. Bugabe's helicopter drop will slow the rate and possibly even turn deflation into noflation but thats a best case scenario. Every dollar he prints is replacing more than one dollar destroyed by bad debt. Dollars are still becoming more scarce and that means deflation. Those calling for a dollar panic forget that the rest of the world is dropping fiat currency from helicopters, slashing interest rates, and spending government money like theres no tomorrow as well. Relatively, were in pretty good shape so there will be no such panic.<BR/>* Arrests<BR/>Arrests are for poor people. The rich are and will continue to be above the law. Mozillo will still be a free man this time next year but the ranks of county jails will swell with petty criminals as the crime rate increases in bad times with the unemployment rate nationwide. There will be a couple of high profile arrests but they will pale in comparison to those that should be arrested.<BR/>* Gold<BR/>Gold will perform well relative to other asset classes. You may even make some money on it but a moonshot is not in the cards in a deflationary environment. Cash is still king until inflation returns. <BR/>* Black swans<BR/>Iran, Pakistan, or Al Qaida uses the bomb and starts WWIII<BR/><BR/>CA, NY, NJ, MI, and/or IL go bankrupt because the feds refuse to bail one or more of them out when asked. Credit crisis 2.0 begins and deflation ramps up with interest rates. <BR/><BR/>Public pension systems implode causing mass civil unrest.<BR/><BR/>Worldwide joblessness exceeds expectations causing mass civil unrest in the countries where this occurs.<BR/><BR/>Obama gets assassinated causing race riots 10 times worse than in the 60s. Black neighborhoods nationwide turn into Mogadishu overnight and the National Guard is called in to quell the rebellion, making things worse. <BR/><BR/>Foreigners quit buying US Treasuries forcing the US to monetize the debt. Dollar weakens significantly and commodities spike in dollar terms. Inflation comes roaring back, along with manufacturing as we become a low cost producer due to weak currency. Unless this happens there will be no moonshot for gold.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-59069645375769377272008-12-22T15:54:00.000+00:002008-12-22T15:54:00.000+00:00Shocking evidence will emerge in 2009 tying former...Shocking evidence will emerge in 2009 tying former Bush Administration officials to foreknowledge/planning of the 9/11 'terrorist attacks' and lead to widespread arrests and prosecutions in several federal agencies.<BR/><BR/>Cheney will flee to Dubai to avoid testimony/prosecution.<BR/><BR/>GWB will attempt suicide under the influence of drugs/alcohol.<BR/><BR/>Laura Bush will file for divorce.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-58842347293758131962008-12-22T14:55:00.000+00:002008-12-22T14:55:00.000+00:00Paul,40%- well played. Keep us posted on the othe...Paul,<BR/><BR/>40%- well played. Keep us posted on the other opportunities you see. Should a lot of shoes to drop in the coming months.<BR/><BR/>-MikeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-78018499852078104382008-12-22T14:34:00.000+00:002008-12-22T14:34:00.000+00:00OK Keith...save this post. Everything down except...OK Keith...save this post. Everything down <B> except the dollar</B>. The dollar will continue to be the world's reserve currency and as a currency trader, I will predict I make lots of money off those that think the dollar is going to fall. There is always a bull market in currency trading. It is always the the dollar <I>as compared to what?</I> The euro is in BIG trouble as are all commodity dependent currencies.<BR/><A HREF="http://www.moneyandmarkets.com/gala-issue-biggest-sea-change-of-our-lifetime-3-28912" REL="nofollow">Biggest sea change of our lifetime!</A>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-86995746842464681662008-12-22T13:48:00.000+00:002008-12-22T13:48:00.000+00:00My (very hopeful) prediction is that home prices w...My (very hopeful) prediction is that home prices will have dropped to where they actually should have been all along, but without causing financial ruin for the entire economy. And that the consumer culture will come to a quick and ugly end, replaced with a switch to a need, rather than a want based economy, which will go a long way towards our self-sufficiency. Oh, and a little self awareness from the Hummer/McMansion crowd would be nice.<BR/> Having said that, I have no idea how this is all going to shake out...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-43006026280673587632008-12-22T11:30:00.000+00:002008-12-22T11:30:00.000+00:00Mike, I would love to accept congratulations on be...Mike, I would love to accept congratulations on being such a genius but my victory on GM was a small one.<BR/><BR/>I did buy GM at about $3. I watched it go up to like 5 bucks or something - I was up around 80%. I thought it would keep going.<BR/><BR/>Then it started to slide and I chickened out and I sold it at $4.41. I just checked now and it's at $4.48.<BR/><BR/>I feel good about getting a 40% return after holding it for less than 2 weeks. I could feel regret that I didn't sell at a better price but there's just no way to time it perfectly.<BR/><BR/>Anyway, I considered it a high risk thing so I was only gambling a small amount and my profit was only a couple k. It's not going to change my standard of living and who knows if my next high-risk gamble will pan out as well. Still, it's fun and addictive.Paul E. Mathhttps://www.blogger.com/profile/03719759088047080921noreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-53495448085891597122008-12-22T06:24:00.000+00:002008-12-22T06:24:00.000+00:00Hi Paul E. Math,I remember you said you were going...Hi Paul E. Math,<BR/><BR/>I remember you said you were going to buy GM on the speculation that they'd get bailed out based on the Citi bailout.<BR/><BR/>Did you actually buy the GM stock? What kind of profit did you make?<BR/><BR/>Well done Paul!<BR/><BR/>-MikeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-81641418932563027302008-12-22T06:21:00.000+00:002008-12-22T06:21:00.000+00:00When the Yen exchange rate broke through 95, that ...When the Yen exchange rate broke through 95, that was a direct signal that inflation is here in a big way. The collapse of the USD and the issuance of a new currency will be the biggest economic issues in 2009.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-58647395026593603512008-12-22T05:53:00.000+00:002008-12-22T05:53:00.000+00:00Welcome back, Mr. Yen Carry Trade poster!Please, p...Welcome back, Mr. Yen Carry Trade poster!<BR/><BR/>Please, please once again plaster Keith's website with fascinating cut & paste articles regarding the Yen Carry Trade.<BR/><BR/>After all, this is really what HP'ers and S&A'ers come here to read.<BR/><BR/>On second thought, please just go the f*ck away and don't come back here.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-54462696026324529472008-12-22T05:06:00.000+00:002008-12-22T05:06:00.000+00:00Deflation will end in 2009? They would have to ba...Deflation will end in 2009? They would have to bail out every state government (with no budget cuts), every municipality, every bankrupt company, every home debtor, etc AND mail a $10K check with a free starbucks everyday for 5 years to every tax payer before we'd see the hyperinflation everyone here seems to think is imminent. This on top of keeping interest rates near zero.<BR/><BR/>The inflation was the now famous and historic housing/credit bubble. This is the deflation of that bubble and it is going to be just as epic going down as it was going up. <BR/><BR/>Even Roubini, Mr. Doom himself, is saying to "stay in cash." That isn't something you do in an inflationary environment.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-81439137801721784912008-12-22T04:55:00.000+00:002008-12-22T04:55:00.000+00:00It would be interesting to see where the YEN end u...It would be interesting to see where the YEN end up.<BR/><BR/>http://www.time.com/time/business<BR/>/article/0,8599,1868045,00.html<BR/><BR/>Despite Friday's move, currency experts say that the yen could possibly climb to 85, which could trigger direct government intervention to halt the rise. <BR/><BR/>Upon speculation that the lower 80s could be reached within weeks, Japan's Finance Minister Shoichi Nakagawa confirmed Thursday that Japan was prepared to intervene and sell the yen, something the Japanese government has not done since March 2004.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-35745572436230740512008-12-22T03:37:00.000+00:002008-12-22T03:37:00.000+00:00So we have to live with "less stuff"...who gives a...So we have to live with "less stuff"...who gives a DAMN...That will be GOOD for us, and our ridiculous consumer, materialistic society.<BR/><BR/>We never needed half of it to begin with!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-13064597981742049982008-12-22T03:35:00.000+00:002008-12-22T03:35:00.000+00:002009 will be a very ugly year.Hope everyone on thi...2009 will be a very ugly year.<BR/><BR/>Hope everyone on this board followed Keith over from the last site, and has been getting prepared however they can. (Cash, Cash, CASH, downsize living situation if needed, pay off cars and debt.)<BR/><BR/>Anyone just paying slight attention over the last 3 years knew a collosal crash was coming. Thanks again to Housing Panic and bloggers everywhere for getting the discussions going.<BR/><BR/>I know I never would even be half as prepared as I am today if I had listened to the mainstream media or our govt!!<BR/><BR/>We have a financial Katrina coming our way folks.<BR/><BR/>Best of luck to allAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-32161630372095094472008-12-22T02:29:00.000+00:002008-12-22T02:29:00.000+00:00As the Proxi Economy collapses the basic economy w...As the Proxi Economy collapses the basic economy will re-asert itself. Agriculture will lead the way. Paper money will be king as credit and debit cards stop being accepted. Gold will flounder against intuition since there is not enough to serve as tender in a global economy. National governments will be the guarantors of large trade such as in food and oil. Militaries will escort the completion of this trade. Retired people will flood into the abandoned suburbs since they don't have to commute to work. Naturally asperated free markets will spring up everywhere and local banks will have a rebirth. Buy globally invest locally will be the strategy. The Village will once again be the central organizing force of human exsistance but peppered with high-tech efficencies.<BR/><BR/>DMPAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6568749253826790814.post-45170985539520952482008-12-22T01:23:00.000+00:002008-12-22T01:23:00.000+00:00Oh, and one more line from that boston thing:>A...Oh, and one more line from that boston thing:<BR/><BR/><BR/>>And at economics powerhouses like Harvard, MIT, and the University of Chicago... they were nowhere near the foresight at Housing Panic.<BR/><BR/><BR/>Opps, I had to add that last part. I guess he's still fucked up.Anonymousnoreply@blogger.com