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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: jazz_lover who wrote (233931)12/22/2009 5:02:58 AM
From: Skeeter BugRead Replies (1) of 306849
 
jazz, the system is a ponzi scheme. it will implode as currently constructed with 100% certainty. they system changes or it eventually implodes. the current path is towards spectacular implosion.

this should scare the heck out of you...

market-ticker.denninger.net

to caveats. first, true debt bumps the ratio from 350% to 850% (accounting gimmicks keep it low). second, gdp doesn't pay bills. tax revenues pay bills. tax revenues are 1/6th of gdp - so hack the GDP by 85% and increase debt by 250% and you see the fiscal MD unleashed on america by terrorist bankers and their government cronies.

my language sounds extreme, but it reflects what these people have actually done.
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