Jan Rogozinski

The Deflation/Inflation/Stagnation Debate

Housing prices were grossly inflated (or watered, as they used to say in the stock market.)

It was the bubble of all bubbles. So why should anyone want to stop housing pieces from falling back to where they were in 2000? It's not possible so to do, but why would anyone want to do something so dumb.

Folk are losing money because they were greedy. Bears can make money, bulls can make money; in the not so long run, pigs lose and deserve to lose.

The problem is that Americans are dumb enough to think that the House they live in is an "investment." Anyone that has taken either accounting 101 or economics 101 knows that all housing costs, including the initial purchase price and mortgage payments, always are 100% an expense, never an investment. In addition, housing is a totally messed up market. At least with stocks one can sell them at any time. So one can get out with a smaller lose.

White Noise Around Strong Current Negative Trends

Degrees largely are irrelevant and don't matter. With grade inflation, it's almost impossible to flunk out.

Check his record. That's what counts. See if he has an archive on his blog. If so, read some of the older posts, and see if they proved prescient. That takes work. But you get nothing for noting..