Great post guys...
Another thing to keep in mind is....if you take the indebtness of the average person, and how much savings there is in this counrty....There is NO savings in this country...most people are about 5 pay checks away from real problems.
Plus John Mitchell said "never before in U.S history has so many people used the equity in their homes like an "ATM" machine....very dangerous...if home prices drop much more...
Zack you seem to be among the few who are still "bulllish"on America....I could see where you might be....still working at 93 years old.