Forum Replies Created
-
AuthorPosts
-
Nor-LA-SD-guy
ParticipantOr you could be like China,
When they announce there will if 5% inflation next month, you can believe them.
hmmm maybe mailing checks would work.
Nor-LA-SD-guy
ParticipantOr you could be like China,
When they announce there will if 5% inflation next month, you can believe them.
hmmm maybe mailing checks would work.
Nor-LA-SD-guy
ParticipantOr you could be like China,
When they announce there will if 5% inflation next month, you can believe them.
hmmm maybe mailing checks would work.
Nor-LA-SD-guy
ParticipantOr you could be like China,
When they announce there will if 5% inflation next month, you can believe them.
hmmm maybe mailing checks would work.
Nor-LA-SD-guy
ParticipantUnfortunately just letting home prices drop to 2001 etc,, will not solve the economic problems for most or the Gov (although I think it will probably happen anyway in most locals) but it won’t help the economy.
Sure it will be great for the 15% or so with a lot of cash in the bank and no debt,
But that does not match the majority of people in the U.S.A. (or our Government) and will just make the unemployment problems worse not better (Gov needs high home prices to keep spending).
It is just going to be a long slow crawl because it’s political suicide to say hey why don’t we just inflate our way out of this mess.
Oh well I guess there is nothing to do but watch.
Nor-LA-SD-guy
ParticipantUnfortunately just letting home prices drop to 2001 etc,, will not solve the economic problems for most or the Gov (although I think it will probably happen anyway in most locals) but it won’t help the economy.
Sure it will be great for the 15% or so with a lot of cash in the bank and no debt,
But that does not match the majority of people in the U.S.A. (or our Government) and will just make the unemployment problems worse not better (Gov needs high home prices to keep spending).
It is just going to be a long slow crawl because it’s political suicide to say hey why don’t we just inflate our way out of this mess.
Oh well I guess there is nothing to do but watch.
Nor-LA-SD-guy
ParticipantUnfortunately just letting home prices drop to 2001 etc,, will not solve the economic problems for most or the Gov (although I think it will probably happen anyway in most locals) but it won’t help the economy.
Sure it will be great for the 15% or so with a lot of cash in the bank and no debt,
But that does not match the majority of people in the U.S.A. (or our Government) and will just make the unemployment problems worse not better (Gov needs high home prices to keep spending).
It is just going to be a long slow crawl because it’s political suicide to say hey why don’t we just inflate our way out of this mess.
Oh well I guess there is nothing to do but watch.
Nor-LA-SD-guy
ParticipantUnfortunately just letting home prices drop to 2001 etc,, will not solve the economic problems for most or the Gov (although I think it will probably happen anyway in most locals) but it won’t help the economy.
Sure it will be great for the 15% or so with a lot of cash in the bank and no debt,
But that does not match the majority of people in the U.S.A. (or our Government) and will just make the unemployment problems worse not better (Gov needs high home prices to keep spending).
It is just going to be a long slow crawl because it’s political suicide to say hey why don’t we just inflate our way out of this mess.
Oh well I guess there is nothing to do but watch.
Nor-LA-SD-guy
ParticipantUnfortunately just letting home prices drop to 2001 etc,, will not solve the economic problems for most or the Gov (although I think it will probably happen anyway in most locals) but it won’t help the economy.
Sure it will be great for the 15% or so with a lot of cash in the bank and no debt,
But that does not match the majority of people in the U.S.A. (or our Government) and will just make the unemployment problems worse not better (Gov needs high home prices to keep spending).
It is just going to be a long slow crawl because it’s political suicide to say hey why don’t we just inflate our way out of this mess.
Oh well I guess there is nothing to do but watch.
Nor-LA-SD-guy
ParticipantHere is my two cents on this.
The vast wealth of our country is tied up in leveraged real estate, and most property purchased in the last decade is under water. There can be no positive economic resolution until this is dealt with,
People cannot move, cannot refinance, cannot relocate cannot invest in other assets or industries.
In essence the economy is stuck until home prices get back near peak .
No policy
No road construction
No Train track
No Loan Mod programWill fix this.
Some day the Gov is going to figure that out.
This is of course just my thoughts.
Nor-LA-SD-guy
ParticipantHere is my two cents on this.
The vast wealth of our country is tied up in leveraged real estate, and most property purchased in the last decade is under water. There can be no positive economic resolution until this is dealt with,
People cannot move, cannot refinance, cannot relocate cannot invest in other assets or industries.
In essence the economy is stuck until home prices get back near peak .
No policy
No road construction
No Train track
No Loan Mod programWill fix this.
Some day the Gov is going to figure that out.
This is of course just my thoughts.
Nor-LA-SD-guy
ParticipantHere is my two cents on this.
The vast wealth of our country is tied up in leveraged real estate, and most property purchased in the last decade is under water. There can be no positive economic resolution until this is dealt with,
People cannot move, cannot refinance, cannot relocate cannot invest in other assets or industries.
In essence the economy is stuck until home prices get back near peak .
No policy
No road construction
No Train track
No Loan Mod programWill fix this.
Some day the Gov is going to figure that out.
This is of course just my thoughts.
Nor-LA-SD-guy
ParticipantHere is my two cents on this.
The vast wealth of our country is tied up in leveraged real estate, and most property purchased in the last decade is under water. There can be no positive economic resolution until this is dealt with,
People cannot move, cannot refinance, cannot relocate cannot invest in other assets or industries.
In essence the economy is stuck until home prices get back near peak .
No policy
No road construction
No Train track
No Loan Mod programWill fix this.
Some day the Gov is going to figure that out.
This is of course just my thoughts.
Nor-LA-SD-guy
ParticipantHere is my two cents on this.
The vast wealth of our country is tied up in leveraged real estate, and most property purchased in the last decade is under water. There can be no positive economic resolution until this is dealt with,
People cannot move, cannot refinance, cannot relocate cannot invest in other assets or industries.
In essence the economy is stuck until home prices get back near peak .
No policy
No road construction
No Train track
No Loan Mod programWill fix this.
Some day the Gov is going to figure that out.
This is of course just my thoughts.
-
AuthorPosts
