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Bailout or Investment?
Message
From
30/09/2008 17:46:37
Dragan Nedeljkovich (Online)
Now officially retired
Zrenjanin, Serbia
 
General information
Forum:
Finances
Category:
Investment
Miscellaneous
Thread ID:
01351659
Message ID:
01351943
Views:
18
>This is a false assumption, It is going to take real estate 10 years to recover, we have another 15% down easy. Overpriced, overbuilt.
>
>http://www.oftwominds.com/blogsept08/mark-to-maturity9-08.html?ref=patrick.net
>
>Paulson wants to buy these things at above market price (nice of him) with our money
>
>Think about it, if they were a great value and you just had to sit on it a while to make a large profit, Buffet would be buying, Paulson would be buying with his money. By the way, the sentiment won't change until the wall streeters stop taking their multi-million sign on packages, which isn't happening yet. It will be painful, but these greedy stupid people need to take their lumps, thats how the free market works.

I read "need to take their jumps" and then remembered that you can't open most of the windows there... but they have those fancy terraces to jump from.

back to same old

the first online autobiography, unfinished by design
What, me reckless? I'm full of recks!
Balkans, eh? Count them.
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