Popular Posts

Friday, March 4, 2011

Zerohedge would say, BTFD , this ship is in the perfect storm and the people steerring it don't have a clue!!!

http://dailycapitalist.com/2011/03/04/why-real-estate-will-hold-the-economy-back/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheDailyCapitalist+%28The+Daily+Capitalist%29

Well folks, we are going to have another dip in the economy (the second dip) which will be maybe worse than the first, and i expect it to be this summer sometime..  No i am not a prophet just a realist that lived through Jimmy Carter's Glorious years and we are getting more from our Glorious leader currently in the White House with no clue about how to fix things, but only anger to point the blame on something else, as the Fed continues to print ,and the housing market which got him over the hump and elected will now be his downfall and the worlds also .. Everything goes great when you are winning , but only a great coach knows how to get the ship righted and pointed in the right direction..  Jimmy Carter built houses, i don't know what Obama can do after this, maybe go to middle east and help organize Unions ?

P.S......................
This is also a good read for explaining Current bubbles and Past ones
http://dailycapitalist.com/2008/10/03/the-law-of-unintended-consequences/




No comments: