Fun Predictions for 2007-2012

[SeattleMoose]

Unfortunately, there is nothing to celebrate about in this case with regards to being right...I feel vindicated but in a sad way.

I underestimated how quickly the stock markets would crash and overestimated how quickly RE would crash.

If there is a silver lining in all of this it is that people will once again be forced to live within their means and to be happy with the "little things" in life like friendships and family. I look at my parents generation who lived thru the great depression and it was not all bad. It made families closer, communities tighter, folks got more out of less, people became slimmer and in better shape, and they became a generation of frugal savers.

We are (and will be for several years) "taking our medicine" as a country and even as a world. But better sooner than later...