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

To: ChanceIs who wrote (207843)	6/22/2009 9:04:16 PM
From: Think4Yourself	Read Replies (1) \| Respond to of 306849

I agree with your post but watch out for end of quarter window dressing. At least the people who stiffed the banks and the taxpayers will have access to healthcare at the taxpayers expense. Politicians suck.

To: ChanceIs who wrote (207843)	6/23/2009 9:43:28 AM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 306849

Hmmmm.... gee, let's see, we seem to be a bit short of money here. what he's missing is the rate of total US debt growth is collapsing. although govt debt growth has skyrocketed, this has been more than offset by collapse in all other sectors. this is a big hole in the inflationist argument at present, imo. (also, this guy is a crappy writer and acts too confident when he doesn't know what he's talking about, so he's got that going for him...)

To: ChanceIs who wrote (207843)	6/23/2009 10:12:19 AM
From: Think4Yourself	Read Replies (1) \| Respond to of 306849

I wanted to thank you for that post. I thought about it overnight and sold almost all stocks/commodities this morning. Used the proceeds to short treasuries. The markets look ready to head south in a big way and I agree treasuries will NOT be a safe haven this time as they are a big part of the problems. You'd have to be a bit of a dolt to put money into treasuries given what is happening. The Treasury borrowing so much and the fed balance sheet exploding can go on for only so long before treasury buyers say "enough!". CNBC reporting that realtors are going nuts. Some new rule about appraisers having to be independent of the bank and realtor is causing appraisals to come in so low that sales are failing at high rates.