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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (132692)4/4/2013 10:22:04 AM
From: John Vosilla  Read Replies (1) | Respond to of 149317
 
Knowing this simple fact is why I am 100% certain this speeding train will never stop until it hits the wall.

That happened late in the second term of the last three presidents who got reelected. Believe me I get everything you just said agree with most of it except the real estate part the leveraged bubble is only localized in parts of our gateway cities today. This one won't end pretty either if this keeps up but that is years away as even taking the punch bowl away from the financial engineering leading to the student loan credit bubble and extending car loan terms even further with low monthly payments won't in and of themselves crash the economy nor would a crack in home prices in the Bay Area, inside the DE beltway, Boston or Manhattan..