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by kiplinger
6420 days ago
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What are you on? I ask because in another post you say "real estate" will lose 50%, if that is true, then you have a severe price drop in a non liquid asset, also if the recession is as severe as you say it will be, then people will not be spending any money on goods which will drive the price of most goods down resulting in a period of immense deflation, which can be equally damaging. I don't have an advanced degree in econ like you may, so I don't really get what you are saying but you seem to be "amused" by being overly negative. you are making Roubini sound like a shiny happy person. |
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