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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: DebtBomb who wrote (258144)7/2/2010 11:06:54 AM
From: Skeeter BugRead Replies (3) of 306849
 
i love marc faber, but this isn't true just yet.

what they are doing is complete kleptocracy - stealing from society and giving to insiders who are broke and repairing their balance sheets and giving themselves big bonuses.

the PEOPLE aren't getting the money.

i think there is an argument the PEOPLE never will get the money, in which case zimbabwe can't happen here.

my head is on a swivel, but i'm still leaning towards deflationary depression (and probably serious war) such that the bankers will be able to buy up assets off the citizenry for pennies on the dollar.

the technical term is shearing the sheep.

but i could be wrong - so i watch for clues.

dumping the buck as world reserve currency is one potential clue the game could change.
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