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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: ChanceIs who wrote (219371)9/8/2009 11:48:48 PM
From: Skeeter BugRead Replies (1) of 306849
 
>>There is no fix to this. Raising taxes is a dead end.<<

no it isn't. it is, in fact, the pathway to a deflationary depression - the simplest way for the oligarchs to increase their wealth by using their money to purchase assets at 10 cents on the dollar. no, not a bubble dollar, but a mean dollar.

how else can they increase their wealth 10-fold so easily?

once the oligarchs are in cash, expect *dramatically* higher interest rates and taxes to *crush* the common man and little business and watch the oligarchs pay pennies for resources.

of course, this will all be blamed on bush (and much of it is his fault, for sure, but it is also every other politician's fault, too).
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