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Old 12-11-08   #8
varunet
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-- strange.. i posted a message .. it was there a moment and then disappeared..

well, i jus said i havent see salaries being cut down.. but doesnt mean i believe it wont.. well it is the first bear market i am following .. seems like there would be a lot i will learn from this.

as for real estate.. i did have plans to invest in RE.. but with the recent events from 2 months .. i was obliged to get second opinions and learnt more about this. I am pretty sure my plans are postponed for 2 years. Doesnt make sense to buy anything in the near future.

now what i am curious about is the market that would make a diffence. Since stocks and RE are going downhill .. it is pulling down everything else with it too.... so what next is the best place to invest.. during such a bear market?

if someone says that this is temporary and the economy is going to improve.. i dont believe it.. cause the bailouts are just to sustain the situation and not immediately crash the economy.. towards the end .. how long will it survive... ?

Companies like AIG has an employee strength of 120000.. if it would have been bankrupt the world economy would have crashed big time.. bailout money is to survive enough to break down the company .. sell it in scrap value to other companies and return the earned money back to the gov. so that the employees survive and jobs arent lost.
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