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: Pogeu Mahone who wrote (209776)	7/9/2009 12:26:34 AM
From: John Chen	Read Replies (1) of 306849

"Argentina’s economy is deteriorating due to a high rate of inflation, lack of access to international credit markets and unpredictable government, which could pressure its credit ratings" Similar in USA though not so 'announced' : 'high rate of inflation' ==> the housing bubble. 'lack of access to internation credit markets' ==> China / others looking for alternative to US dollars. 'unpredictable government' ==> the only predictable here in USA is: who know when 'another imminent catastrophe is due in 59 minutes unless the gov/fed passes another 10000 pages emergency ACT'. ( lucky we have fast readers as our gov. officials )

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