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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