As has been said, if you think the Obama recovery sucked, just wait until the Obama crash hits.
An artificially inflated stock market does not a “recovery” make — the recovery never happened for the average American schmuck. Not while labor force participation rates are at 63-and-change per cent, pretty much record lows for the last 10 years.
Yeah, a lot of institutional buyers and wealthy people have money and are taking advantage of the relative cheapness of real estate, but what’s new?[/quote]
The Japanese are officially setting Stock and real-estate targets, (Oh yea Stock market is not manipulated we all know it’s a free and open market LOL)
What we all know but choose not to admit.
We all know the Gov. (especially local Gov.’s) are directly affected by Stock and real-estate prices.
Their pensions are at stake for crying out loud!!!
I don’t think they will allow a significant downturn for a while yet, they can’t afford it.
