It's not as if there's infinite wealth. There are thousands of new luxury units coming on the market, and the question is, who will buy them? If people start losing jobs, who can afford to pay 2, 3, 4, 5 million dollars? Do you know 10,000 new investment bankers on Wall Street?
Nouriel RoubiniRelated topics
buy coming losing market pay question start street wall wealthRelated quotes
The jobs crisis has reached a boiling point, which is why we see Occupy Wall Street protestors crying out for an America that lets all of us reach for the American Dream again - a dream that says if you work hard and play by the rules, you can have a good life and retire with dignity.
John Garamendi