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 -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (234084)12/23/2009 10:27:02 AM
From: Smiling BobRead Replies (2) | Respond to of 306849
 
Not a problem
Santa's hired a new reindeer trainer.



To: MulhollandDrive who wrote (234084)12/23/2009 10:40:15 AM
From: Skeeter BugRead Replies (1) | Respond to of 306849
 
MD, they had to put a stop to the rate rise and this will do it... for a while.

we are looking down the teeth at a deflationary collapse - there isn't enough money in the system to pay back previous debts and credit in the system is contracting - more money IS NOT being created to make it possible to pay back prior debts with interest - in spite of $1.8 trillion in government debt a year.

either the private sector starts taking out $100k second mortgages and pays $500k for homes again or the government will have to spend $2.5 or $3.0 trillion it doesn't have or the system implodes in the future. well, it will implode if the regardless - the time to stop the implosion was several years ago when bernanke declared everything is was fine.