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


To: Tommaso who wrote (246537)5/3/2010 2:56:44 PM
From: GSTRespond to of 306849
 
It is called "painting yourself into a corner", and it is one of many reasons why there is no exit strategy.



To: Tommaso who wrote (246537)5/3/2010 4:41:45 PM
From: Skeeter BugRespond to of 306849
 
>>At the same time, especially given the huge increases in government debt, the interest rate payments alone will be enormous. There will be no way to cover these payments other than creating money.

The inflationary depression looks more and more likely.<<

that's one option. the other option is to simply call an emergency, nullify the obligation and send the serfs off to war as required.

the bankers, who run the show, will see a run on deposit accounts with serious inflation. this will ultimately close their banks - their means to power. now, maybe this will serve them as they just print up unlimited and give it to themselves or they just take outright control of the government.

we are reaching an "all in" moment and it is best to agile and not married to any one theme that could turn out to be wrong, imho.



To: Tommaso who wrote (246537)5/3/2010 11:09:32 PM
From: bentwayRead Replies (3) | Respond to of 306849
 
Interest rates have been kept low so long, it almost seems that the rate is totally arbitrary, and not connected to anything in the "real" economy.

I've had people doubt that anyone EVER paid 18% on a mortgage.