The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: patron_anejo_por_favor who wrote (191445)	3/18/2009 9:37:31 AM
From: DebtBomb	Read Replies (1) of 306849

Even with banks fixed....the real issue is debt and the public's losses in real estate and stocks IMO....net worth. I don't care how many banks you fix (if you even could)....it isn't going to fix the economy. It's like the whole (fix the bank thing) is a diversion from the real issues. Service economy and consumer spending = 70% GDP. Further, you have a demographics spending bust and peak oil, gutted manufacturing, unemployment that will likely exceed that of the great depression. It's over. I.O.U.S.A. Tell me how fixing the banks does anything? Don't you get it? The titanic is sunk. They are looting us to save the elites. The banker buddies and the wall street gangs get the lifeboats....and you're paying for it.

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