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  • From: Gene GeRue <genegerue AT ruralize.com>
  • To: homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] More on the "bubble"
  • Date: Fri, 03 Jun 2005 07:51:11 -0700


No, there's never been such a drop. But then again there was never a such a rise in gas prices until there was one in late 70's, there was never an 80%
drop in one section of the stock market in that short a period as ther was a few years ago, oil was never over $50 a barrel before ... etc.

People can live without gas and oil. People can easily live without stocks. People cannot live without housing. Air, water, food, housing.






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