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: RetiredNow who wrote (251888)	6/4/2010 3:15:47 PM
From: Skeeter Bug	Read Replies (2) of 306849

that sounded tongue in cheek, but it is true. the workers don't feel a recovery b/c there is none. 40 million on food stamps. 20k real jobs added isn't 20% of the 100k+ jobs required per month just to cover the new people in the job market. all this with $1.7 trillion in deficits per year. how long do you think they can keep spending $1.7 trillion a year in deficits. within 10 years, that's a debt load of $31 trillion. in 20 years, it is $48 trillion. i think GDP of Earth is $55 trillion. recovery implies sustainable - this DISTORTION is anything but sustainable.

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