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Originally Posted by lookout123
2) A religious/ethnic fanatic run government
. . . .
we'll never have an ethnic or religious identity that ties us all together again. Those days are gone and won't be back.
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But we don't have to have that to get to the situation you describe... we just have to have it in the
government. And a fanatic-run government is not impossible.
Quote:
Originally Posted by lookout123
a couple more recessions and on real big one tipping over when people realize that real estate is a comodity and the baby boom generation is fading out and we have way more supply than demand
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You really think that will be enough to keep the housing market down permanently? I wonder. First, there are too many in the industry who benefit from higher prices. (Realtors, mortgage bankers, insurance agencies, etc.) Second, people want to buy more expensive houses... it's economic code for moving up. House A isn't more expensive than house B because it's a better-built house or it's on more land (though it may be)... it's generally more expensive because richer people live in the house A neighborhood. The schools are always better in the richer neighborhood. (Always? Really? Well, that's the perception... and this is almost a self-fulfilling prophecy no matter which direction it's going. Perception is almost more than reality in this case.)
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Originally Posted by lookout123
a couple more military actions with dubious outcomes creating more passively minded skeptics until very few believe anything is worth fighting for.
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You might be surprised who will fight, if the country is directly threatened a la WWII.
Quote:
Originally Posted by Griff
I like my financial planners a little more pollyana-ish.
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"Yeah, Griff, it's just a blip . . . The Dow's gonna hit 17,000 by the end of 2009. Yeah, telecoms... you definitely want to be in the telecom companies. That dark fiber's going to turn out valuable yet."
Oh, wait, you said a little, not a lot.
