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


To: Smiling Bob who wrote (180480)1/29/2009 12:18:20 PM
From: MulhollandDriveRead Replies (1) | Respond to of 306849
 
"TURNING JAPANESE...The Audacity of REALITY"

financialsense.com

(it will be worse here, the japanese actually had savings when their bubble burst, we're left in the position of trying to shore up household balance sheets out of debased earnings, our 'solution' is trying to force banks to LEND to businesses and individuals who are broke and swimming upstream....it simply will not work....once that realization settles in...boom)