Millions of people, for example, earned their money in ‘housing.’ They were putting up houses in the sand states…or building granite countertops…or selling, flipping, financing the houses.
October 7th, 2009 | Bill Bonner | 7 comments | Continued Our DR Global Editions: 
Monday, March 22nd, 2010
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2010-03-22 01:36 Most Comments
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- Australian Housing More Unaffordable in 2010 (201)
- Australian House Prices Are Severely and Seriously Unaffordable (184)
- Tell Us What Questions You Want Answered in the DR (173)
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Recent Comments
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SV, I don't disagree with anything you've said, other than a.) the biz about the fear my kids won't have ...
Biker Pete | 22Mar10 | More -
I agree 100% SV.. part of the reason why, at this stage in my life I do not want ...
Stillgotshoeson | 22Mar10 | More -
No one is saying that owning a house is not a good thing.
I am not even saying that the median ...
SV | 22Mar10 | More -
Sambo,
I've not met or spoken to "gold bug" that CAN listen to and debate the other side of the argument.
My ...
prozak | 22Mar10 | More -
An article from the age nearly 2 years ago...
http://news.theage.com.au/business/mortgage-stress-could-grip-1m-aussies-20080424-28av.html
2 year old article.. House prices have increased, number of loans ...
Stillgotshoeson | 22Mar10 | More -
hmmm.... some very interesting thoughts.
I don't know how some people think China, India, Australia will be fine in the the ...
prozak | 22Mar10 | More -
Hi Justin. I personally don't think anything will extinguish debt, other than perhaps war or currency inflation. The Euro can ...
Sambo | 22Mar10 | More -
Fekete an extremist!?
I think not, the extremists are those passing off debt as the 'ultimate extinguisher of debt'. How can ...
Justin | 22Mar10 | More -
Nobody that is incorporated globally wants to confront the liquidation. There isn't any sovereign or corporation to call in ...
Ross | 22Mar10 | More -
I'd agree that 40 years is too far ahead, SV. Even ten is a stretch of the imagination.
SV: "...if more ...
Biker Pete | 22Mar10 | More
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SV, I don't disagree with anything you've said, other than a.) the biz about the fear my kids won't have ...
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