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Strategies & Market Trends : The Residential Real Estate Crash Index

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From: Beachside Bill5/6/2010 2:33:18 PM
of 306849
 
Run to America on bad debt... 12.8Trillion, an increase of 28% since 2008 when our National Debt/GNP was 70% and 10 Trillion and with 9.7 unemployment you know there is not GNP growth since so that should put our National Debt/GNP to 91%.

Guess what, there going to say nobody saw it coming to the U.S.

China is the dumbest country in the world feeding the debt problem they have so much invested in. If they stopped buying Treasuries or at least get a return worth the risk for a country that is in the default area, then I bet the U.S. would get it's house in order and China would have a safer loan position.
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