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June 22, 2004

More What-ifs..

Buttonwood's dreading the worst case

what would happen to the American economy were property prices to tank, at the same time that oil prices soared and the fiscal stimulus ran out. It wouldn’t look pretty, that’s for sure.

Talking about probability, IMHO this dire what-if for triple whammy is highly unlikely.
On the related topic, Dan Gillmor should come to Bangalore to see how Bay Area has a friend when it comes to the real estate market craziness.

June 22, 2004 in Dismal science | Permalink


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