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

To: DebtBomb who wrote (297043)	12/10/2010 10:40:59 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 306849

Debt, i think they are simply using public money to support the market while they take their private wealth out. our money is debt, so gdp is debt. if they don't run debt up, there is no gdp. their trojan horse corporations are leveraged, so a 10% devaluation might be profitable for them. a 100% devaluation wipes them out! do i think the government stops the insanity? probably not. but i absolutely do think that interest rates spike up, the debt service gets crushing, the WB or IMF steps in and then our taxes go up, SS, medicare, FDIC, etc... all cut cut to the bone if not eliminated. all the money will then go to the banksters as interest as almost all the business go bust and homeowners get wiped out. nobody has any money, except the corporation criminals who suck off the government and who robbed society blind. they have TRILLIONS UPON TRILLIONS. society has little. they criminal elites then buy up all real assets at pennies on the dollar as citizens starve to death or waste away in debt labor camps. bush's "ownership society" didn't mean what people think it meant - these criminal bstards will end up owning* us!