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: TH who wrote (290961)	11/12/2010 9:03:58 AM
From: Giordano Bruno	Read Replies (1) of 306849

TH, you summed up the landscape pretty well. Still, while everyone is focused on liquidity the elephant in the room looms larger by the day and that is debt. It's surfaced in Europe and are we not a bigger PIGG (FED's balance sheet, GSE's, etc.) than those PIGG's? Perhaps our leaders are simply going through the motions with their planned draconian tax measures and really plan on the mad genius printing our way into WWIII but if they have a shred of decency we'll all need to tighten our belts and why is that? Well my friend, it's because banks got us here and banks need to be compensated for their criminal acumen. That's a fact and you know it. As to a trade I'd put my money on anything other than Bernanke's credibility and hubris.

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