Skip Navigation
StreetEasy

Wall Street Meltdown

Started by dwell
over 17 years ago
Posts: 2341
Member since: Jul 2008
Discussion about
This is a bit off topic. Saw Kevin Phillips on CSPAN booktv "In Depth". Phillips' latest book is "Bad Money: Reckless Finance, Failed Politics, and the Global Crisis of American Capitalism". Found a Bill Moyers' interview of Phillips which is posted below. The implications re: NY real estate are almost secondary to the big picture presented. Comments? ... [more]
Response by nyc10022
over 17 years ago
Posts: 9868
Member since: Aug 2008

there is a wall street meltdown?

no way...

Ignored comment. Unhide
Response by dwell
over 17 years ago
Posts: 2341
Member since: Jul 2008

brilliant 90022.

I am not familiar w/ Phillips, but he equates the US with being about 10-15 years away from becoming like post WWII Britain. I don't think he sees the US recovering from the damage done.

Perhaps this is not the right forum for this discussion.

Ignored comment. Unhide
Response by drdrd
over 17 years ago
Posts: 1905
Member since: Apr 2007

If that were to happen, I don't know why it would take 10-15 years.

Ignored comment. Unhide
Response by nyc10022
over 17 years ago
Posts: 9868
Member since: Aug 2008

Wouldn't Japan in the 90s be a better doomsday comparison?

Ignored comment. Unhide

Add Your Comment

Most popular

  1. Why private school?
    6 Comments
  2. the kids aren’t buying
    22 Comments
  3. New construction buildings with problems
    9 Comments
  4. Mamdani heading towards raising property taxes
    192 Comments
  5. Eric Adams weighs in on housing
    9 Comments