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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Jim McMannis who wrote (258320)7/3/2010 2:35:29 PM
From: Skeeter BugRead Replies (3) of 306849
 
Jim, it wasn't in 1998 when i first started complaining about bubble.

but since i was ignored... the only solution is to come clean with the american people, explain the ponzi nature of both our monetary system and life styles and to change both - the sooner the better.

we need high tariffs on any country that engages in slave labor and drives down the wages of americans.

once other nations pay living wages with decent conditions, the tariffs can be removed and the true competition can be allowed.

we simply have to live with less - and we didn't b/c our "leaders" purposefully played to our greed in order to enslave society with debt - and when the private sector stopped, these same "leaders" then forced more debt down every citizen's throat by running of the deficit to $1.7 trillion a year.

when the bond market forces austerity onto us, the interest on our debt will be well above $1 trillion a year... try to recover from that.
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