SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bentway who wrote (304911)3/18/2011 11:04:48 AM
From: pstuartbRead Replies (1) of 306849
 
Of course I'm not saying the 2002 recession had the potential to become a depression. The point is that the government response in 2003 created the illusion of prosperity for a few years. But they only bought time, and they let terrible imbalances build up in order to maintain the illusion.

The same thing is happening now, but worse. None of the underlying problems have been fixed, and they've been allowed to get worse than they were before we had a derivative meltdown in 2008.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News