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

To: Perspective who wrote (258207)	7/2/2010 3:58:54 PM
From: Skeeter Bug	Respond to of 306849

and if zimbabwe doesn't happen here... look for a serious deflationary depression. market-ticker.denninger.net this will stress the banks and likely another trillion dollar give away - so we could crash and bounce again in the markets as the economy continues to deteriorate. likely lower lows and lower highs until -> holy %@&#, batman, this is what a collapse looks like. at that point, the US will be broke and the IMF / WB will likely step in with... well... shall we say "conditions" of a bail out that will screw most americans badly. to give you an idea, these greed demons privatized rain water in bolivia and billed them for it - up to 25% of their income went for water. of course, the politicians are actors that pretend to work for the people but really work for these financial oligarchs who want to run the world per their own very clear statements. so these conditions will be agreed to (much higher taxes, public asset sales to the criminals who blew the bubble/bust cycle, massive cuts to social security, medicare and healthcare and they might even privatize our rain water, too). their big issue right now is to fund their one world government structure via some sort of direct taxation on the nations. i believe this is the thrust behind carbon taxes - they want it paid directly to their world banking institutions as a first step toward one world government.

To: Perspective who wrote (258207)	7/2/2010 5:13:17 PM
From: TH	Read Replies (2) \| Respond to of 306849

brother bc, <Inflation will only happen in the assets that are purchased by marginal dollars created by the Fed> I've never thought that is how the inflation endgame of our Keynesian mad printing would end. We will get inflation and deflation and the banks and reserves don't have much to do with the real endgame of our madness. Inflation will happen on raw materials and all goods imported after foreign lenders refuse to continue funding our Treasuries and the Dollar either officially or de facto loses it's reserve currency status. Both events will happen relatively close in time together and much faster than many expect. After that happens, raw materials and the "value/labor" to work those into goods exported to the US will increase in cost rather dramatically. Even domestic raw materials in abundant supply will increase if they have global markets. What I do not know is how strong the inflation impact will be for things like real estate and US labor. There is a real serious fundamental problem with US labor costs as we become "globalized". The Fed's ability to, <change the measuring stick> fails this time, as labor will have no pricing power in the market. Housing in highly desirable markets will attract a bid from foreign investors. Perhaps one of the reasons that coastal areas in California are doing better than many other markets. In the end, we earn less and the things we need cost more. What the banks do or not do with the reserves will not change the final outcome. Our government debt load is not serviceable. That is the real driver and there is no solution possible, for no one will really cut the spending and entitlements in any meaningful way. All IMO, and no one knows the real final outcome. I do have very high confidence that the American standard of living will decline. GT TH