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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: neolib who wrote (109308)3/12/2008 1:57:45 PM
From: XoFruitCakeRead Replies (1) of 306849
 
"why are we embracing the government to correct a market problem"

Because the market problem can bury US and the world economy in on swoosh... Just think if all the banks, brokerage firm, insurance companies in the world went into BK at the same time because of cascade failure, what would our life be? All these companies are leveraged and if significant part of their capital get locked up in the other companies' BK, no one can survive.. If you believe it is a better world, then there is no real reason to invest at this point. It would be much easier to use the money and buy food, gun, and gold... What other choice do we have?
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