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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: John Vosilla who wrote (244233)4/14/2010 10:17:28 PM
From: Smiling BobRead Replies (1) of 306849
 
What about the other 98% of the country and their grandkids?
The ones who provided the funding?
Where do you think the growth will ever come from to pay this debt? We struggle to run a faux surplus even when things are good.
To condone what they did is inhumane.
You can not save a money losing business with more debt without rewriting the plan and dumping the thieves running the show.
NOTHING has changed but the color of the walls
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A transfer of wealth, we avoided depression, banks balance sheets getting stronger, corporate balance sheets and individuals with wealth restructured in a low rate environment.
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