Quote:
Originally Posted by Slava
Seems to me that there is a lot more cheering and hoping for a crash here in this thread(which is sad considering the number of people that will be hurt by this) as opposed to actual evidence?
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Really? I have found a lot of good data, articles and information in here that I wouldn’t have necessarily found otherwise – for upside and downside.
I’m not remotely an expert and I appreciate the chance to see other view points and have the opportunity to consider them.
However, I’ve never understood that particular argument/making it personal myself. Viewpoints of individuals on an internet forum thread are not going to fundamentally cause the value of housing/stock/anything else to materially change. (Probably a good thing?
) The point is the discussion/sharing of information and viewpoints for me.
The person who is down on the performance of the Flames and rest of season isn’t causing/cheering for lower earnings by Saddledome workers due to lack of playoff games. Somebody who believes Apple stock is overpriced based on market fundamentals isn’t maliciously hoping or want financial ruin for the tens of thousands of people who happen to hold that stock. Somebody noticing an asteroid inbound to Earth isn’t dancing and cackling with glee at the possible extinction of mankind – okay, that was overboard.
Nobody would make the arguments above and yet one has to sit on one side of the argument or otherwise . . . it is “sad?” Saying one feels that a certain investment is overpriced isn’t saying “Gee, I really hope people get royally frakked.”
And really, the emotional repercussions of any market adjustment up or down doesn’t (and shouldn’t?) really factor into the analysis. In the US, the downstream consequential emotional impact of people losing homes that they could not afford in no way prevented a market correction in prices.
