JCONNOR3
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- Florida
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A Very Likely Scenario
- Thread starter JCONNOR3
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Eli Weiss
Senior Member
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- Nov 28, 2005
- Professional Status
- Certified Residential Appraiser
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- New York
Don't read the above link, it will depress you....he's a bear and looks negative on everything....
Rather read this bullish report, it will cheer you up....
http://www.washingtonpost.com/wp-dyn/content/article/2008/08/03/AR2008080301572.html
Rather read this bullish report, it will cheer you up....
http://www.washingtonpost.com/wp-dyn/content/article/2008/08/03/AR2008080301572.html
Dee Dee
Elite Member
- Joined
- Jan 16, 2002
- Professional Status
- Certified Residential Appraiser
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- Colorado
Mike Morgan has some interesting perspectives.
Sure wish I had his thoughts on which banks are on the edge!
Spoken like a true Greenspan fan and/or RE broker?
Don't worry Eli, this forum is full of grownups that can sort out what to believe....or not.
Sure wish I had his thoughts on which banks are on the edge!
Spoken like a true Greenspan fan and/or RE broker?
Don't worry Eli, this forum is full of grownups that can sort out what to believe....or not.
Couch Potato
Elite Member
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- Mar 15, 2004
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- Certified Residential Appraiser
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- North Carolina
There is some truth in his advertisement, but like any salesman the truth only goes so far. If you want to read more junk like this open and read the spam in your email.
Eli Weiss
Senior Member
- Joined
- Nov 28, 2005
- Professional Status
- Certified Residential Appraiser
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- New York
Sorry Dee Dee, I have always been positive in life, and it keeps my spirit up...
This is not about Greenspan Etc. if you are negative, you are negative in all aspects in life, and a bear in the stock market, if you are positive, you will find the good in everything, although life is not perfect, we always have to move on, is there a recession or depression coming? are we already in one? well, maybe, but remember following bad times are always good times, and the good times don't either stay forever, but our spirits unlike the economy it's your choice to keep it up or down, and what I have noticed is that people who are depressed or down, will always drag others with them, they just can't watch as others are in good spirit, I do the opposite, I try to be in good spirit and drag my friends along, it has gotten me places that you can't imagine, life is just so much better, I would suggest we should open a support group so we can support and consult with each other in these difficult times, and get through this together....
Looking forward for better times for all us, but please remain positive....
And here is something interesting, you can be positive and a bull, and still short the financials....
This is not about Greenspan Etc. if you are negative, you are negative in all aspects in life, and a bear in the stock market, if you are positive, you will find the good in everything, although life is not perfect, we always have to move on, is there a recession or depression coming? are we already in one? well, maybe, but remember following bad times are always good times, and the good times don't either stay forever, but our spirits unlike the economy it's your choice to keep it up or down, and what I have noticed is that people who are depressed or down, will always drag others with them, they just can't watch as others are in good spirit, I do the opposite, I try to be in good spirit and drag my friends along, it has gotten me places that you can't imagine, life is just so much better, I would suggest we should open a support group so we can support and consult with each other in these difficult times, and get through this together....
Looking forward for better times for all us, but please remain positive....
And here is something interesting, you can be positive and a bull, and still short the financials....
Greg Bell
Senior Member
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- Jul 7, 2006
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- Gvmt Agency, FNMA, HUD, VA etc.
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- Louisiana
Hey , Unemployment during th depression was on only 25%.So 75% had jobs , now thats optimistic.For Pete's sake , do all of you really think the amount of National and personal debt we have accumulated will not EVENTUALLY throw this country into a severe Recession/Depression?That's not optimism thats ignorance. PS.. I own my home and cars with not credit cards.I'm ready , bring it on...
Crunch Hardtack
Member
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- May 2, 2006
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- Certified Residential Appraiser
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- Ohio
Eli, if you've always been positive in life then you have never been kicked in the nuts, figuratively speaking. I have several relatives who are millionaires several times over and the worst thing that's ever happened to them is that they stubbbed a toe. Are they depressed? No. Are they happy? Yes. Is the inner city kid who never knew his father and has an abusive crack ***** for a mother happy? Is he optimistic? Does he try to bring everyone up? Sure, you can provide the isolated case where a kid like that makes it, but that is not usually the case.
Let's say Bubba and his mother are walking down the street and a thug snatches his mother's purse and then stabs her and she bleeds out in his arms. Is Bubba going to be optimistic? Is Bubba going to try to cheer up the police and the coroner.
The issue isn't so much that depressed people try to bring everyone down to their level as it is that each of us have different realities to deal with. It is easy to be optimistic when one has never had anything to be sad or depressed about. Most people live in a different reality though.
Let's say Bubba and his mother are walking down the street and a thug snatches his mother's purse and then stabs her and she bleeds out in his arms. Is Bubba going to be optimistic? Is Bubba going to try to cheer up the police and the coroner.
The issue isn't so much that depressed people try to bring everyone down to their level as it is that each of us have different realities to deal with. It is easy to be optimistic when one has never had anything to be sad or depressed about. Most people live in a different reality though.
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Couch Potato
Elite Member
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- Mar 15, 2004
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- Certified Residential Appraiser
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- North Carolina
Silly.
This is as accurate as saying Certified appraisers are better than Licensed appraisers. In other words it is a ridiculous generalization.
Dee Dee
Elite Member
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- Jan 16, 2002
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- Certified Residential Appraiser
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Eli,
No reason to apologize. I know you mean well....but the reason that so many people are on maccaroni & cheese diets right now is because they took optimistic attitudes and chose to ignore the big train headed straight toward them. Surprisingly, most fail to see that their biggest enemy is themselves.
No reason to apologize. I know you mean well....but the reason that so many people are on maccaroni & cheese diets right now is because they took optimistic attitudes and chose to ignore the big train headed straight toward them. Surprisingly, most fail to see that their biggest enemy is themselves.
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