ALL THE GOVERNMENT HAS TO OFFER IS WHAT THEY TAKE FROM YOU. ; )

Thursday, December 17, 2009

Chart of second real estate crisis wave I've mentioned



Here is a good chart that shows one of the many waves about to tsunami us in the next few months. As you can see, this one is about the size of the one that caused the problem last year. The big problem is that this is only one of six to ten different waves next year (depending how you look at it). It won't be the end of the world. It'll only look like it.

2 comments:

  1. You can click on the chart above to enlarge it.

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  2. This may be a good place to reiterate my prediction from 2006 that the average person won't feel like the recession/depression is over until 2015. If it ended before 2013 I'd be shocked, since the numbers say it can't possibly since most things will be getting worse through 2012. It doesn't stop the government from trying to get us to pull ourselves up by the seat of our pants by chanting a mantra that the recession is over. (Don't believe your lying eyes.)

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