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Re: Interesting perspective but...In Reply to: Interesting perspective but... posted by JK (the other JK) on June 19, 2010 at 10:50 AM hi jk, i think i am looking at a bigger overall picture. this is gonna be the mainstay of our economy for the next 30 years. but i do believe that it will be a big boon to the economy. transportation costs have played a big role in the cost of goods. if we look at history, look what occurred when the car replaced the car and buggy. when the pc came out. when the ipod came out. the ev is a revolutionary product. it completely changes our biggest industry. we are no longer gonna be so much oil-based. i do not think that the banks are gonna release reos very cheaply. they havent so far, when everyone keeps saying they are delaying the inevitable. they are part of the real wealth, and perhaps they know stuff that we dont ? the next few years will be telling. i just think a lot of you were hoping/waiting to pick up all these bank reos real cheaply, and i wouldnt hold my breath - LOL.
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