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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 (300639)12/28/2010 11:12:13 PM
From: THRead Replies (1) | Respond to of 306849
 
GB,

I'm past the point of rage. Now I'm actually entertained by it all.

President Zero has never really said much of anything that got my attention. Seems everything is scripted for one select demographic target of the day or is just the latest spin on the great lie.

Debt is not acceptable or unacceptable. Debt is either manageable and serviceable or it is not. If it is serviceable, then it is probably for a purpose that will provide some return.

I honestly can't identify the last clownbuck the clowns spent that actually pays a positive return. Sure they have projections and guesstimates, and all that crap, but I'm still looking for those cut and dry example. Spend 200 billion and create this and over X years it will return X.125 in something we can measure (taxes, GDP, new industry, jobs, whatever).

I see none of it. It all appears to me about trying not to slip further into the black hole. And someday the sun will come out. Promises that are really just pure bullshit.

Just like the bullshit with this market. How anyone can invest based on an expected X return because we have this level of GDP or that level. It is all just a bunch of bullshit. Take away the government pump, which we both know is nothing but pure debt, and there is nothing there on the growth side.

It has already reached the level of pure insanity. I guess that is why we really can expect the clownbuck to be halved over the next four years (which is my prediction...right after the Euro blows).

GT
TH