tag:blogger.com,1999:blog-7996566617043488147.post834615435857055802..comments2024-02-23T01:43:35.828-07:00Comments on Prairie Home Therapy: The Bubble BurstsAlana in Canadahttp://www.blogger.com/profile/08440969357242099169noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7996566617043488147.post-6045522472160956382008-09-29T18:44:00.000-06:002008-09-29T18:44:00.000-06:00Oh, I can comment without skating too close to the...Oh, I can comment without skating too close to the edge.<BR/><BR/>If the guys at the Fed and the Congress who are shredding their hair trying to figure out what went wrong want to shoot me an email, I'd be happy to explain it to them, as I predicted back in late 2005 that the housing bubble would bring down the entire economy. So did plenty of other people. We were called "bubble bloggers," "crackpots," and "unsophisticated investors."<BR/><BR/>The politicians grandstanding about not piling debt on their children's generation need to stop and think about what we're doing to people in or near retirement. The combination of investment losses and inflation is wiping out the people who have no means to rebuild their nest eggs.<BR/><BR/>I did everything I could to safeguard our clients' money and my own personal money; my focus now is on projects that have some chance of improving the world we've inherited.drwendehttps://www.blogger.com/profile/10583869876969470655noreply@blogger.com