Comments on: A Bubble That Broke the World: Lessons from the Great Depression Part IX. When Credit is Debt. http://www.doctorhousingbubble.com/a-bubble-that-broke-the-world-lessons-from-the-great-depression-part-ix-when-credit-is-debt/ How I Learned to Love Southern California and Forget the Housing Bubble Tue, 06 Jan 2009 23:32:17 +0000 http://wordpress.org/?v=2.2.2 By: Bruce Perry http://www.doctorhousingbubble.com/a-bubble-that-broke-the-world-lessons-from-the-great-depression-part-ix-when-credit-is-debt/#comment-16793 Bruce Perry Sun, 01 Jun 2008 20:54:56 +0000 http://www.doctorhousingbubble.com/a-bubble-that-broke-the-world-lessons-from-the-great-depression-part-ix-when-credit-is-debt/#comment-16793 Fantastic article..it is really a shame this type of subject/material is not taught or made a requirement in our school system..but the young can not find different countries in the world let alone understand the seriousness of the situation and what they will have to contend with in the future. Video games..GRAND THEFT AUTO..AMERICAN IDOL.... REASON TO BE CONCERNED??? Fantastic article..it is really a shame this type of subject/material is not taught
or made a requirement in our school system..but the young can not find
different countries in the world let alone understand the seriousness of the situation and what they will have to contend with in the future.
Video games..GRAND THEFT AUTO..AMERICAN IDOL….
REASON TO BE CONCERNED???

]]> By: Alan Goettemoeller http://www.doctorhousingbubble.com/a-bubble-that-broke-the-world-lessons-from-the-great-depression-part-ix-when-credit-is-debt/#comment-16669 Alan Goettemoeller Sat, 31 May 2008 18:14:27 +0000 http://www.doctorhousingbubble.com/a-bubble-that-broke-the-world-lessons-from-the-great-depression-part-ix-when-credit-is-debt/#comment-16669 Wow did I ever enjoy your article!! I live in British Columbia Canada, and I knew something wasnt quite right since 2002. Our real estate prices just keep going up and up, even with reports of thngs starting to slow in Ontario, ( althoug it gets no media TV attention at all,) people here , even close friends tell me that it won't happen here , not in B. C. I was even told that the credit/ debt probem was all brought on by the problems with the American banks, and Canadian banks are too responsble for that to happen here. It is very hard to find factual news stories about the economy in Canada, we do not have as big of an economy for the news to cover, but I believe the vortex of what wll happen in The States will suck the Canadian economy right along with it, If only we had your expertise to inform inform us of what is happening north of the 49th or that other guy , The Mogamb Guru!!! Thank you for your insightful input Ala Goettemoeller Lumby British Columbia Canada Wow did I ever enjoy your article!! I live in British Columbia Canada, and I knew something wasnt quite right since 2002. Our real estate prices just keep going up and up, even with reports of thngs starting to slow in Ontario, ( althoug it gets no media TV attention at all,) people here , even close friends tell me that it won’t happen here , not in B. C. I was even told that the credit/ debt probem was all brought on by the problems with the American banks, and Canadian banks are too responsble for that to happen here. It is very hard to find factual news stories about the economy in Canada, we do not have as big of an economy for the news to cover, but I believe the vortex of what wll happen in The States will suck the Canadian economy right along with it, If only we had your expertise to inform inform us of what is happening north of the 49th or that other guy , The Mogamb Guru!!!
Thank you for your insightful input
Ala Goettemoeller
Lumby British Columbia
Canada

]]> By: John B. http://www.doctorhousingbubble.com/a-bubble-that-broke-the-world-lessons-from-the-great-depression-part-ix-when-credit-is-debt/#comment-15030 John B. Mon, 19 May 2008 23:29:45 +0000 http://www.doctorhousingbubble.com/a-bubble-that-broke-the-world-lessons-from-the-great-depression-part-ix-when-credit-is-debt/#comment-15030 lakotawolf; The article "A Bubble That Broke The World" may be obtained online free (pdf) http://www.mises.org/books/bubbleworld.pdf lakotawolf;
The article “A Bubble That Broke The World” may be obtained online free (pdf)

http://www.mises.org/books/bubbleworld.pdf

]]> By: Bob http://www.doctorhousingbubble.com/a-bubble-that-broke-the-world-lessons-from-the-great-depression-part-ix-when-credit-is-debt/#comment-14863 Bob Sun, 18 May 2008 01:40:54 +0000 http://www.doctorhousingbubble.com/a-bubble-that-broke-the-world-lessons-from-the-great-depression-part-ix-when-credit-is-debt/#comment-14863 @Keahi Pelayo: It might be instructive to take a look at what the indicators looked like, say around August 1929. They showed that we were very far from the Great Depression then too. OOPS!! Unfortunately, it's going to take a financial Pearl Harbor to wake people up. And of course by then the stage will be set for years of (unnecessary) pain and suffering Those who pay attention now and get themselves out of debt and stash some savings away will be far less affected than the lemmings of the indebted slave class. Not a bad idea to own guns, ammo, and some fertile land, too. Some of those lemmings are going to be desperate when they lose their McMansions and BMWs. @Keahi Pelayo:
It might be instructive to take a look at what the indicators looked like, say around August 1929. They showed that we were very far from the Great Depression then too. OOPS!!

Unfortunately, it’s going to take a financial Pearl Harbor to wake people up. And of course by then the stage will be set for years of (unnecessary) pain and suffering

Those who pay attention now and get themselves out of debt and stash some savings away will be far less affected than the lemmings of the indebted slave class.

Not a bad idea to own guns, ammo, and some fertile land, too. Some of those lemmings are going to be desperate when they lose their McMansions and BMWs.

]]> By: Keahi Pelayo http://www.doctorhousingbubble.com/a-bubble-that-broke-the-world-lessons-from-the-great-depression-part-ix-when-credit-is-debt/#comment-14843 Keahi Pelayo Sat, 17 May 2008 17:47:20 +0000 http://www.doctorhousingbubble.com/a-bubble-that-broke-the-world-lessons-from-the-great-depression-part-ix-when-credit-is-debt/#comment-14843 Comparisons of this current slow down in real estate to the Great Depression is an over reaction. All indicators show we are very far from anything related to the Great Depression. Thanks, Keahi Comparisons of this current slow down in real estate to the Great Depression is an over reaction. All indicators show we are very far from anything related to the Great Depression.
Thanks,
Keahi

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