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


To: Fiscally Conservative who wrote (207606)6/19/2009 6:22:52 PM
From: Secret_Agent_ManRead Replies (1) | Respond to of 306849
 
70% of GDP is consumption and frankly that's nearly dead with high unemployment, high debt and low salaries apart from healthcare and financial engineering what exactly do we do? construction/realestate....nope weapons dont make you superior but they can make you foolish, todays battles are financial how do we win when we are broke?



To: Fiscally Conservative who wrote (207606)6/19/2009 9:55:48 PM
From: Skeeter BugRead Replies (2) | Respond to of 306849
 
>>Save your money and pay down debt.<<

that platform will *never* get anyone elected.

*ever*.

we elect people that say they will steal from the next guy / gal and give to us.

also, when each worker currently owes $600k for all promised obligations (and the promises are ACCELERATING!), we've already reached the tipping point.

i think that is why the looting of the treasury is being done in such an obvious way. they know it is game over and want to get their cash out now.



To: Fiscally Conservative who wrote (207606)6/21/2009 1:08:44 AM
From: John ChenRead Replies (3) | Respond to of 306849
 
"the American way is to beg,borrow and steal"

Just like that, you've precisely define the 3 classes of
the society :

low,

middle

high.