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Reply #1: Fascinating reading, especially given the rapid drop in the dollar [View All]

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Spazito Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-07-07 12:12 PM
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1. Fascinating reading, especially given the rapid drop in the dollar
Edited on Wed Nov-07-07 12:26 PM by Spazito
in recent months. I haven't finished reading this yet but wanted to give you a BIG thanks for posting this!

Recommended.

Edited to add: I just finished reading this and, given this was written in 2006, before the housing bubble burst, his "worst case scenario" was if there was both a housing bubble burst AND a plunge in the dollar, both of which has happened this year.

This is a MUST-READ, imo, it isn't an over-the-top, sky is falling type of speech, it is very realistic in it's suppositions as to what, why and how different scenarios might happen.
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