[lbo-talk] origins of the housing boom

123hop at comcast.net 123hop at comcast.net
Tue Aug 30 13:30:48 PDT 2011

----- Original Message ----- From: "Doug Henwood" <dhenwood at panix.com>

> Plenty of people sounded this warning. Many were rejected or fired. Ask Robert Shiller about it.

That seems to be the case with a lot of bubbles. There are always some prophets of doom. But since there are not profits of doom, no one wants to listen to them.

Doug ___________________________________

Well sure there are profits of doom: short selling.

But timing is everything: sex, humor, music, and the stock market.

Timing is everything.


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