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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Jim McMannis who wrote (227650)11/6/2009 8:53:35 AM
From: Think4YourselfRead Replies (1) of 306849
 
It also means that fewer are funneling retirement money and earnings into the markets, and that more people are being forced to remove money from the markets just to get by.

People who aren't working can't throw Roth/IRA money and exceess savings into the markets. It's a ponzi scheme, and it needs fresh capital from the suckers... er... investors to keep it going. With so many people not working, the markets may actually collapse without direct Fed propping up actions.

I get a kick out of all the "experts". A few years ago they were predicting the death of the economy at $80 oil. Now they are predicting recovery with $80 oil. What a bunch of clueless schmucks.
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