Debt Deflation
Jeff Downing
jddown at yahoo.com
Fri Jul 26 11:30:46 PDT 2002
Doug,
I can't recall if you covered this in Wall Street or not,
but I was wondering if history provides examples of
corresponding Market and Real Estate bubbles and the timing
of these events. More attention has been given lately to
the American housing market and its febrile spike in
valuation: following Fisher's logic, wouldn't one expect to
soon see a glut of sellers looking to liquidate their
biggest asset, especially if their nest eggs had recently
been robbed?
Jeff
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