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Agree, that is why bears are so frustrated. This CAN go on a lot longer than many believe with unlimited backing from Benny and Timmy and our tax dollars. "Too big to fail" has enabled the Wall Street banksters to go on with business as usual and the big boys are laughing at the fools. They know that millions of Americans will sit on their fat, unemployed asses and do nothing. Just throw them a few crumbs now and then and put them in front of the T.V. set. There will NEVER be any meaningful "change" since GS owns the government. Stocks soar thanks to banks pumping in interest-free bailout $$ and bank CEOs reap billions.
Bears cannot win until people finally quit HOPING things will get better. Unemployment will go back up by January as more manufacturing goes away...GM, Ford and Chrysler will all fail. Wild deficit spending by the government CANNOT reverse the downward spiral caused by Greenspan and greed. Bears have to be more patient, expecting a crash every day will get you broke. Retail will collapse after X-Mas with massive layoffs; CRE and REITS will tumble. A new Trillion $ stimulus plan will be rushed through congress and banks will demand huge CRE bailouts. A deflationary depression will be evident and HOPE will be gone. Try to have some $ left by then...Good luck. Rating :
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| Subject | Author | Rating | Time of Post (ET) | ||
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CRE crash will not be allowed to happen the Fed ha...
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ledlight99 | (1 Rating) | 8-Nov-09 07:59 am | ||
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yes. and now people get free housing, free ca...
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bigg_cnd | (1 Rating) | 8-Nov-09 08:36 am | ||
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Re: "The Week" magazine article. CRE to crash
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maxhubris | (2 Ratings) | 8-Nov-09 10:56 am | ||
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No the government can't afford to get in...
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planetcoura... | Rate it | 8-Nov-09 12:03 pm | ||
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Since the huge volume day when SRS ...
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dkships | Rate it | 8-Nov-09 12:11 pm | ||
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I still consider the SRS/DRV t...
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rdww2011 | Rate it | 8-Nov-09 01:07 pm | ||
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I expect business space will contin...
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woberlander | Rate it | 8-Nov-09 02:46 pm | ||
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The S&P will continue its corr...
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planetcoura... | Rate it | 8-Nov-09 02:56 pm |
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