The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: jackjc who wrote (34917)	6/28/2005 3:42:05 AM
From: Elroy Jetson	Read Replies (2) of 110194

A record amount of wealth will be lost as a result of the current credit-bubble induced real estate boom. Home owners will lose their retirement, life savings, and security, along with the many jobs which have been generated by the current credit-bubbble. Even though a large portion of the Federal budget is dedicated to providing real estate subsidies, the return on real estate investments are plumbing new depths. Your savings and retirement plan are being invested in over-priced real estate even while you sleep. Our already over-indebted government will be on the hook to bail out the real estate induced banking implosion. Taxpayers will be saddled with paying for the catastrophe for generations. Of course now is the time to be in a liquid position with those funds you can control. .

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