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#51
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buying stupid in the USA
There is a building boom in the greater metro Jackson,Mississippi
area.They are even fixing up that old vancant since the 1960's old 14 story crappy King Edward hotel in down town Jackson on Capitol Street. cuhulin |
#52
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buying stupid in the USA
In article ,
Dick Chisel wrote: Dick Chisel wrote that the housing bubble going bust would hurt the whole economy. Snip Congratulations on being the first financial subject Troll in the news group. Plonk -- Telamon Ventura, California |
#53
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buying stupid in the USA
Canadians talking Stupid in Canada.
cuhulin |
#54
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buying stupid in the USA
Telamon wrote:
In article , Dick Chisel wrote: Dick Chisel wrote that the housing bubble going bust would hurt the whole economy. Snip Congratulations on being the first financial subject Troll in the news group. Plonk Congratulations coming from the Head Hypocrite? Why, thank you very much! Quite an honor! P.S. If you were paying just a little more attention, you would realize this thread was -started- by mike maghakian *AND* it had 45 responses in addition to mine. (But thanks for singling me out. It's nice to know when the truth hits a raw nerve). P.P.S. Thirty seven posts on farting (titled "Ethical question"), and we didn't see you rail against that. I guess you feel farting is more important than the state of our economy. Keep up the good hypocrisy! Your pal, Dick Chisel |
#55
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buying stupid in the USA
You need to go back and read (possibly for the first time) the history
of retailing and real estate for the past 40 years. You will find upturns and wownturns. But none of them resulted in the all out bust that you indicated would happen. You have the unfortunate habit of writing in sensationalistic extremes...black and white, bust and boom, etc.. The economic reality is that most activity is much milder than that. Even the so-called dot-com bubble really did little more than wipe out a lot of overvalued options and stocks with no underlying fundamental value and force a lot of dot commers into realistic sources of employment. Think of businesses with no plan and no source of income other than venture capital funding like FooFoo.com and you will see the reality of what happened in the dot com bubble.. Dick Chisel wrote: Dick Chisel wrote that the housing bubble going bust would hurt the whole economy. dxAce then wrote: All well and good, but it is THEIR money. Not MY money, not YOUR money, but THEIR money. [implying that the -only- one to be hurt would be the home seller] John S. wrote: Yes, if the country isn't really going to collapse then what will the problems be and what impact will they have. Well, just for a start, here are two answers to your question of "what will the problems be"... On September 1, 2006, the Wall Street Journal wrote: (Page A1, column 2) "But retailers reported mixed sales for August, stoking concern that a -slow housing market- may damp the fall and holiday shopping seasons". and (Page C1, column 5 headline) "Housing Chill Begins to Pinch Nation's Banks" Let's see now...the housing bubble is causing the WSJ to express concern, the retailers are worried and the banking industry is beginning to get pinched. Maybe it's time for you guys to drop them a note saying not to worry... As John S. has been in the banking industry for 30 years, I will let him figure out "what impact it will have". |
#56
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buying stupid in the USA
You need to go back and read (possibly for the first time) the history
of retailing and real estate for the past 40 years. You will find upturns and wownturns. But none of them resulted in the all out bust that you indicated would happen. You have the unfortunate habit of writing in sensationalistic extremes...black and white, bust and boom, etc.. The economic reality is that most activity is much milder than that. Even the so-called dot-com bubble really did little more than wipe out a lot of overvalued options and stocks with no underlying fundamental value and force a lot of dot commers into realistic sources of employment. Think of businesses with no plan and no source of income other than venture capital funding like FooFoo.com and you will see the reality of what happened in the dot com bubble.. Dick Chisel wrote: Dick Chisel wrote that the housing bubble going bust would hurt the whole economy. dxAce then wrote: All well and good, but it is THEIR money. Not MY money, not YOUR money, but THEIR money. [implying that the -only- one to be hurt would be the home seller] John S. wrote: Yes, if the country isn't really going to collapse then what will the problems be and what impact will they have. Well, just for a start, here are two answers to your question of "what will the problems be"... On September 1, 2006, the Wall Street Journal wrote: (Page A1, column 2) "But retailers reported mixed sales for August, stoking concern that a -slow housing market- may damp the fall and holiday shopping seasons". and (Page C1, column 5 headline) "Housing Chill Begins to Pinch Nation's Banks" Let's see now...the housing bubble is causing the WSJ to express concern, the retailers are worried and the banking industry is beginning to get pinched. Maybe it's time for you guys to drop them a note saying not to worry... As John S. has been in the banking industry for 30 years, I will let him figure out "what impact it will have". |
#57
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buying stupid in the USA
snip plonk
cuhulin |
#58
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buying stupid in the USA
In article ,
"Mr. Chis-ler" wrote: Telamon wrote: In article , Dick Chisel wrote: Dick Chisel wrote that the housing bubble going bust would hurt the whole economy. Snip Congratulations on being the first financial subject Troll in the news group. Plonk Snip Plonk -- Telamon Ventura, California |
#59
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buying stupid in the USA
In article .com,
"John S." wrote: You need to go back and read (possibly for the first time) the history of retailing and real estate for the past 40 years. Snip Dick Chisel wrote: Nothing of consequence. This clown is one of the few in-duh-viduals that has been Trolling the news group for some time and just keeps changing his handle when most people have them kill filed. All this idiot wants to do is argue about something off topic and stir up problems. Best thing to do is ignore him. -- Telamon Ventura, California |
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