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: John Vosilla who wrote (302601)	1/8/2011 1:29:10 AM
From: Skeeter Bug	Read Replies (1) of 306849

>>Well the federal budget as a percentage of GDP is up to about 25%. We need to get it back to near 20-21%. The last year of Clinton we were near 18%. Easily achievable if they get serious about a few major items including the military industrial complex and we start growing 200k+ jobs in the private sector a month consistently and long term rates remain reasonable. I agree it would be a total disaster if we stayed at 25%+ and interest rates went to the moon..<< Private debt is falling fast and public debt has to go parabolic to tread water. SS is negative (the lock box OWES money since BIG Capital ripped it off) AND THEY HAVE TO REDUCE SS TAXES EVEN MORE TO KEEP THIS PONZI SCHEME GOING JUST A LITTLE WHILE LONGER. the Ponzi can potentially go a bit longer... but it's still a Ponzi.

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