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


To: bentway who wrote (43698)10/4/2011 10:19:05 AM
From: Jim McMannis9 Recommendations  Read Replies (1) | Respond to of 119361
 
Maybe government jobs are what is dragging us into a depression.



To: bentway who wrote (43698)10/4/2011 10:22:16 AM
From: TH3 Recommendations  Respond to of 119361
 
B,

It won't.

We have been at a crossroads for a while. And while I HATE it, the insane policies of the Bernanke's and Krugman's are one known path to get it going again. OR, they can let it all blow up, create a full scale depression, and then growth will come from a more or less, "clean slate".

We were on path one, but Europe (Germany) didn't want to play the game.

So, cutting is counterproductive to growth, but growth in the global context has serious imbalances between nations. We could talk for hours about US vs. Europe vs China (who really knows or understand China).

In the end they must spend to try and grow or die. And they do so with the full awareness that every dollar spent returns just pennies in real growth.

In truth, we are fxxxxxx. Seriously.

GT
TH