Monday, April 10, 2006

US vs. Japan Land Prices Pictorial Update

In Spring of 2005 I announced It's a Totally New Paradigm

At that time the chart looked like this.



In June I announced It's time to shift the arrow on the basis of Time Magazine going gaga over real estate.



In December I wrote that It's Too Late.

When you see stuff like this, not only is it too late, it's way too late.



I am pleased to announce that we have moved the arrow once again.
The current picture looks something like this.



Mike Shedlock / Mish
http://globaleconomicanalysis.blogspot.com/

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