11-29-2006, 01:14 PM
Can anyone say how far prices will fall expressed it time. In other words, will my house drop to 2000 prices, 1990 prices or 1959 prices. And when everyone's house is worthless, as all these links suggest, what will happen? What about the rest of the economy? Will all consumer goods drop? What if you have real esate that is paid for? Or if you own gold and silver. Will I be able to buy dozens of houses for $100.00? What about the hundreds of millions of people who have loans? Are banks foreclosing and there will be miles of empty houses? Where is everyone going to go? To live in a giant tent city? Why don't the stupid people with millions of dollars who just bought those condos from Donald Trump know what is about to happen? How do stupid people get millions of dollars?