Market Conditions in 08820>Question Details

Sak, Both Buyer and Seller in 08830

How Mr. B lost everything

Asked by Sak, 08830 Wed Feb 11, 2009

Not a question really but an interesting story of how Mr. B lost everything...

http://www.realtown.com/community/RealTalk/view/00DC4K

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6
Sak,

Thanks for sharing.....................
1 vote Thank Flag Link Thu Feb 12, 2009
Yah.

The scarcity psychology and related overvaluation as depicted in the story is just one part of the complex problem. Add job losses, ARM adjustments, downward pressure on salaries, complex financial instruments to the mix and we can have as complex answer as we care to have.
0 votes Thank Flag Link Thu Feb 12, 2009
Thanks for sharing. It is just too complex a problem within a multiplex economic system to provide such a simplistic answer. But, maybe I expect more from myself and others - we are living in some very interesting times.
Web Reference: http://GregoryBain.com
0 votes Thank Flag Link Wed Feb 11, 2009
Gregory, I don't think it is his original composition. He just plagiarized it. It is on multiple sites. Only reason I posted his link instead of plagiarizing myself is, this site wouldn't let me post matter more than 1000 words :)
0 votes Thank Flag Link Wed Feb 11, 2009
Sak, everyone's got an opinion. I would think an attorney could compose a better writ but then again I guess that my opinion.
Web Reference: http://GregoryBain.comm
0 votes Thank Flag Link Wed Feb 11, 2009
Thanks! That was definitely worth reading.
0 votes Thank Flag Link Wed Feb 11, 2009
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