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Subject:  Re: The Global Housing Boom Date:  2/16/2006  3:28 PM
Author:  jrr7 Number:  7597 of 14302

Umh, do you realize the date on this is June 2005. Any predictions of impeding doom were incorrect so far.

The doomsayers were predicting the dot-com debacle as early as beginning 1999. They were "wrong" for about two years and then it finally came true in 2001.

A bubble can inflate for quite some time, usually longer than anyone thinks.
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