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

To: Giordano Bruno who wrote (270158)	8/20/2010 6:20:19 AM
From: DebtBomb	Read Replies (4) \| Respond to of 306849

No one has figured out YET....you can't print your way out....ask mugabe. ;-) The depression is going global. We've been here before. Wall street helped by hyping bubbles and peddling toxic financial crap all over the globe. China and Russia blame the u.s. for the financial crisis. Where do you think the (hidden) $700 billion TARP money went to? I think someone demanded a refund. LOL. Anyway, housing is looking at 30% more down. I said it over a year ago....we're going to be here for a long time. Now, they sucked new bagholders into a down housing market with the 8k rebate crap. How did they get stocks up? 1. Lay off all americans and hire slaves. 2. Print money and devalue. 3. Expand debt. 4. Create another bubble. The new economic policy in the u.s is.....1,2,3,4. It will work until it doesn't....which is about now. 3rd bubble in 10 years. The bailout bubble is bursting. Nothing has changed and nothing is fixed....it's business as usual. Derivatives, 30-50X margin, bubble building, currency manipulation. Nothing is fixed unless Glass Steagal is brought back, banksters broken up, taxes raised on the rich, CEO's and corporations punished for hiring slaves. Natural progression: 1. Financial crisis 2. Sovereign debt defaults 3. Currency crisis Ahhh, fall is in the air.