2007-08-10 07:08:02 · 3 answers · asked by lazybones 3 in Social Science ➔ Economics
my opinion is that of a layman i am no economist ...but i cant help but feel that its all to good to be true.. where is all the money coming from that supports this present boom .. its happened before and it will happen again and i fear for all those people who will lose their homes.. i personally believe it will all come to an end just after the olympic games. i really hope im wrong about this. how do you people who understand economics see it
2007-08-14 06:56:39 · update #1
It's not a question of "IF" but "WHEN".
What will cause it, USA bubble burst, major problem with oil or perhaps the Yen Carry Trade.
There are so many rotten apples on the tree that any one may fall and start the ball rolling downhill.
1929 here we come.
2007-08-12 11:30:35 · answer #1 · answered by elray 1 · 0⤊ 0⤋
probably not anytime in the next 2 or 3 years, what will happen that will create a slump?
2007-08-11 14:57:42 · answer #2 · answered by catalyist 3 · 0⤊ 0⤋
SIMPLISTIC YES YES----------------------------
2007-08-12 08:33:34 · answer #3 · answered by ken p 5 · 0⤊ 0⤋