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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: DebtBomb who wrote (112847)3/26/2008 9:25:58 AM
From: 10K a dayRead Replies (2) of 306849
 
> Bernanke says 100 banks will blow, but the Wall Street snake-oil salesmen say the bottom is in. <<

I'm of the opinion that 100 banks blowing up will help something. I can't understand all these hometown banks that lent on commercial office space. There is an explosion of empty space right now where i am and nobody has the start up capital to make anything happen. Hell i got an employee who drives an 07 Tahoe and she drives 11 miles to take her kid to childcare. She pays 350 bucks a month for gas to drive 11 miles! Better yet she has an 8 year car loan! Next to my business a guy shut down his office after 12 years. Go figure.
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