"Residential investment bottomed in 2010" LOL. How many years have we heard that? 2006, 2007, 2008, 2009, 2010?
We have shadow inventories, 20 million abandoned houses?, interest rates on the rise, 23% unemployment?, peak oil, 43 million on food stamps, in the bailout bubble that will explode?, in a demographics bust that doesn't become positive until 2023?, in a nation that may lose it's AAA rating and world reserve currency status in 2012.
LOL....keep dreaming.
We're in depression....no matter what the rigged numbers say. And, we're headed for financial armageddon as the DEBT BOMB blows, IMO.
We're going to be here for a long time. |
