November 25, 2005

6 Degrees of Housing Bubble at the Thanksgiving Table?



Let's hear some stories... Bubble talk dominate your table conversation too?

Those $300 laptops at Wal-Mart got some play too... as well as the working conditions in China that got us $300 laptops. Which then led to the trade imbalance caused by $300 laptops, which led to China buying up our bonds, which led to interest rates being artificially low, which led to.. the housing bubble!

It's like 6 degrees of Kevin Bacon - now substitute Housing Bubble

2 comments:

skyler said...

High-end real estate market still sizzling!!!

http://www.usatoday.com/money/economy/housing/2005-11-24-trophy-usat_x.htm

000000000000000000000000000000000000 said...

The talk was all "easy money"
The working folks at my Thanksgiving think things are still strong. I figure that’s the way 90% of the work force is as they sit in their cubicle with the boss monitoring their every move. They will get "up to date" when the layoffs come.