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


To: John Vosilla who wrote (302404)1/6/2011 11:45:46 PM
From: Skeeter BugRead Replies (1) | Respond to of 306849
 
>>You are way too extreme as decent real GDP and job growth sustained for many years can turn things around<<

the non borrowing GDP is down 25% in 3 years and still dropping like a rock at about 8% per year - and this is before the busted governments lay off millions and taxes are raised.

but you didn't know that.

the *only* thing that can grow a debt based monetary economy is more debt.

there is reason the federal debt has to increase every year and they are so desperate as to reduce the SS payroll taxes 30% even though SS is completely broke.

it will have to be more in 2011 and even more in 2012 or the house of cards falters in an instant.

they will run up the deficit as fast as they can until interest rates smack them in the face - what will 10% interest rates do for america's GDP?

how about 12% mortgage rates?

you "all in" yet?

i know i sound "extreme" compared to the people who tell you lies that you love so much.

reality is lining up to be a b* and i'm simply telling you in advance.



To: John Vosilla who wrote (302404)1/7/2011 7:07:35 AM
From: DebtBombRead Replies (1) | Respond to of 306849
 
How does your support of ponzi finance, bubble building, DEBT BOMB creation, rewarding losers, penalizing savers, creating inflation by printing, outsourcing jobs to slave labor....and wiping out the middle class....help america?

How much is the Dow down now since 2000 inflation adjusted? You can stick your "V". It's a loser.

How much is gold up now since 2000?

How can you bash success and call gold a bubble when you support ponzi finance and devaluing currencies?

You my friend ....are part of the problem.

There is no solution when you won't even admit there's a problem. How can there be a solution?

Your "V" is proportionally up as the dollar is down and oil up. Any gains you're seeing is inflation for the most part. It is pissed away to inflation.

On the other hand, check commodity gains.

These are the cards we're dealt by ponzi finance and the fed. So, yeah....we buy gold, guns, and ammo....and short. And you support it. Thanks.