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

To: Elroy Jetson who wrote (252207)	6/6/2010 11:22:37 PM
From: Skeeter Bug	Respond to of 306849

Elroy, i think you've misunderstood what i mean by "reset." take your pick - a massive deflationary depression or a currency collapse. stagflation is probably the outcome of the latter. i'm still leaning toward the former, but the banks will have their trillions in losses back stopped with newly created money. the question is - how big are their losses? they aren't telling. i'd have no problem holding on to my home if there was an actual recover. i'm concerned about them stealing our investment accounts, our bank accounts and our retirement accounts - just talk to argentina. if they do that, not many people will do well. and even if they do, they might just stick a gun in your face and take your property, anyway. that's the way big government has all too often rolled throughout history.