Hi DHarry,Yes I agree with you - And this comes back to my first...

Hi DHarry,

Yes I agree with you - And this comes back to my first point regarding the housing bubble and Gov will support the bubble at any cost.

While our biggest assets are super inflated we look ok. Reason our debts are so big is because of the cost of a house.

What happens if housing dips 30%...? We become the USA and disaster strikes... Runs on Banks, etc.

Not implying this is just around the corner - But history shows you always have to pay the pied-piper at some point.

Again I refer to ABC Child Care. Their Debt/Asset ratio was fine until it wasn't. This is the problem with mark-to-market valuation during a bubble.

See ENRON :)