The Big Bailout wont work

[sypherffs]

Pretty crazy stuff, we had a massive housing boom up till the end of last year, wonder what will happen to all those folks in the new homes and commercial buildings i was working on.

Mind you the prices of some jobs was straight out ridiculous 500k for a 3 bedroom house? no thanks.

[keithholden]

Bail the banks, will not fix, the 70% consumer economy,the unemployment,the 1.5 trillion per year borrowing.The people are broke,the share market will crash as people cant buy products. Its just a controlled crash for now. The DJIA will head to 2-4000 from its current 10800. Then USA will change to a new currency called the AMERO

[keithholden]

America Mexico, Canada, AMERO

[altfseven]

yep then through our trade deal with China we will be pushed to go to deal with them or become apart of the global economy.

USA borrowed more that two thirds for its war from China.

IF bush gets his one world government. we wont need to worry about the morgage anymore.

[daniel987878]

Yeah well wont have to worry about our mortgage if they enslave us. It's a good thing. Therefore slavery is really good.

[altfseven]

depends what end of the whip your on

[southshores777]

Or RFID CHIP.

[bellpawt]

700 billion ....leveraged out that`d support around 3 trillion ...but the games over ...

[Gavrillo]

I'd love to hear your opinion on why not to buy a house this w/e too.

[keithholden]

If you cant loan money, you cant buy a house.Less buyers, less price

[altfseven]

so where's your money ? In a bank? or under the matress.

[daniel987878]

If you do buy a house and banks contract credit, the value of your investment should depreciate heavily.