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


To: Smiling Bob who wrote (69602)6/17/2012 6:33:05 PM
From: saveslivesbyday  Respond to of 119362
 
The "programmed euphoria" will be short lived.

The world economies won't collapse tomorrow - so that mean's everything is wonderful let's rally.

It's annoying, the manipulation, but hey, it's father's day - I'll drink to that!



To: Smiling Bob who wrote (69602)6/17/2012 6:45:28 PM
From: posthumousone  Read Replies (2) | Respond to of 119362
 
well that was surprising gold just dropped $18



To: Smiling Bob who wrote (69602)6/17/2012 7:51:21 PM
From: hdl5 Recommendations  Read Replies (1) | Respond to of 119362
 
if the troika or the germans were at all serious, they would have pushed the greeks before letting greece off on 70% of its debt.

it is like u s a letting 12 million illegals stay in country, educate them, give them medical care, etc. not allow states to punish landlords for renting to them, giving them all sorts of benefits, and claiming we are against immunity and amnesty and the illegals should be behind those who have no0t come to u s a illegally.

the greekes will not pay their debts - although reduced already by 70%, will not live up to memorandum, will not meet conditions. neither will spain, portugal, italy, france or u s a. creditors are screwed.

fed has screwed american creditors - they get extremely low interest. they get paid back in devalued dollars. they are maligned. they are excluded from subsidies, credits, exemptions. their rights (priorities, security) are violated when car companies file chapter 11. they are vilified as not doing their fair share.