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

To: tejek who wrote (261557)	7/16/2010 4:13:03 PM
From: RetiredNow	Read Replies (1) \| Respond to of 306849

Of course, balancing the budget is the best way to deal with our crazy gov't. Will it cause economic pain? Yes. But the pain is coming either way. The only question is do you want it short, sharp, and effective, or do you want it long, agonizing, and ineffective. Free markets solve market excesses with certainty and leads to sustainable growth. These Keynesian policies will lead to a Japan style market where stocks lose another 75% of their value over the next 20 years, and that's in the very best case scenario. The worst case scenario is that this bailout bubble will explode fantastically leading to another Weimar Republic or Zimbabwe. Democracies no longer function very well when the citizens realize that they are being played and that a lifetime's worth of savings has gone up in smoke because of WS and bankster criminals who are in collusion with their government took too much risk with our hard earned retirement money.