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


To: RetiredNow who wrote (251888)6/4/2010 2:45:01 PM
From: Mike M2Read Replies (1) | Respond to of 306849
 
MM, T Boone Pickens will be on Cramer tonight 6 PM EST to discuss Nat Gas and the BP oil leak. I am sorry that I will miss it but it's a nice day and I'm going out early.



To: RetiredNow who wrote (251888)6/4/2010 3:15:47 PM
From: Skeeter BugRead Replies (2) | Respond to of 306849
 
that sounded tongue in cheek, but it is true.

the workers don't feel a recovery b/c there is none.

40 million on food stamps.

20k real jobs added isn't 20% of the 100k+ jobs required per month just to cover the new people in the job market.

all this with $1.7 trillion in deficits per year.

how long do you think they can keep spending $1.7 trillion a year in deficits. within 10 years, that's a debt load of $31 trillion. in 20 years, it is $48 trillion.

i think GDP of Earth is $55 trillion.

recovery implies sustainable - this DISTORTION is anything but sustainable.