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	<title>Comments on: Keynes, Krugman, Black Swans et al</title>
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		<title>By: dick lundgren</title>
		<link>http://www.morssglobalfinance.com/keynes-krugman-black-swans-et-al/comment-page-1/#comment-2754</link>
		<dc:creator>dick lundgren</dc:creator>
		<pubDate>Thu, 10 Sep 2009 00:04:59 +0000</pubDate>
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		<description>Elliott:
Thanks for your insights, which are very thought-provoking as always.
I would say that this recent real estate decline was entirely predictable, based upon a study of cycles over the last 200 years.  And I will go further to predict that the next big real estate bust will be in approximately 2026, with a secondary decline in the 2017-2018 period.
Unfortunately, we&#039;ve got a long wait to see whether I&#039;m right!
Best, Dick</description>
		<content:encoded><![CDATA[<p>Elliott:<br />
Thanks for your insights, which are very thought-provoking as always.<br />
I would say that this recent real estate decline was entirely predictable, based upon a study of cycles over the last 200 years.  And I will go further to predict that the next big real estate bust will be in approximately 2026, with a secondary decline in the 2017-2018 period.<br />
Unfortunately, we&#8217;ve got a long wait to see whether I&#8217;m right!<br />
Best, Dick</p>
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