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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (171148)	12/14/2008 11:35:24 AM
From: Smiling Bob	Respond to of 306849

"Confidence" has been the word used most often when discussing the state of the markets and the economy. The same thing was said in the other Depression. It's all about confidence. That's certainly true. The Treasury and Congress seem to, in desperation, believe that unlimited backing of debt and assets will restore confidence. But it's likely having the opposite effect in rendering the dollar worthless along with faith in any investments. Restoring confidence to a Ponzi scheme unveiled will require a brand new audience or a brand new trick.