Comments on: Cheap credit cannot restore broken illusions Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 By: yr2009 Sun, 15 Aug 2010 07:09:46 +0000 Good article, except Wall Street investors do seem to believe we’re going back to the pre 2007 ’emperor’s clothes’ system, if you judge by still elevated stock prices.

I wonder who invented the new myth that US corporations are sitting on trillions of cash? –
FYI, US corporations normally sit on trillions of debt, because that’s what keeping them going.
In real life, for every company that has some excess cash there’s a dozen struggling to keep their heads above the water.

By: Mikej77 Sun, 15 Aug 2010 02:53:40 +0000 I am wondering if we might be entering a period when residential real estate will not appreciate in real terms and might actually depreciate in terms of total invested. Annual costs being principal, interest, taxes, maintenance and assorted fees.
Many houses are so obsolete they should be written off to the land value. To this point it is the appreciation in the price that has made all the costs as well as the selling price bearable at all.
If this is over than the entire pricing system has to be restructured.

By: STORYBURNthere Sun, 15 Aug 2010 00:46:08 +0000 Most of the US’s liquidity lies in the hands of the big corporations who sitting on trillions of cash