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

To: Smiling Bob who wrote (260706)	7/14/2010 12:56:00 PM
From: tejek	Read Replies (1) \| Respond to of 306849

Not so fast: Message 26683038

To: Smiling Bob who wrote (260706)	7/14/2010 2:08:16 PM
From: DebtBomb	Respond to of 306849

The fed is effectively bankrupt now. The risk now is enormous. If the smallest thing goes wrong....we're mexico city, IMO. There's nothing left. There's no rate cuts left. There's little mortgage equity. There's nothing. Nothing but a historic massive DEBT BOMB. All we have left is squatters buying chips. The deficit is now a giant pig with lipstick being put on it. But....the banksters got their money, didn't they. And, the wall street wizard channel cheered it all on. We're on the edge of the cliff right here. People should stop pretending. There is no solution when those in power won't even admit that there's a problem. IMHO.