[peterb]

There’s really nowhere left to go but down. Uncle Sam is pretty much tapped out. More debt would crush the US Dollar and keeping Treasuries low decreses our ability to sell debt. What’s left?

Maybe the govt could declare a tax free status to all alternative energy companies…stimulate an industry that’s got a future?

[peterb]

There’s really nowhere left to go but down. Uncle Sam is pretty much tapped out. More debt would crush the US Dollar and keeping Treasuries low decreses our ability to sell debt. What’s left?

Maybe the govt could declare a tax free status to all alternative energy companies…stimulate an industry that’s got a future?

[peterb]

There’s really nowhere left to go but down. Uncle Sam is pretty much tapped out. More debt would crush the US Dollar and keeping Treasuries low decreses our ability to sell debt. What’s left?

Maybe the govt could declare a tax free status to all alternative energy companies…stimulate an industry that’s got a future?

[peterb]

There’s really nowhere left to go but down. Uncle Sam is pretty much tapped out. More debt would crush the US Dollar and keeping Treasuries low decreses our ability to sell debt. What’s left?

Maybe the govt could declare a tax free status to all alternative energy companies…stimulate an industry that’s got a future?

[peterb]

There’s really nowhere left to go but down. Uncle Sam is pretty much tapped out. More debt would crush the US Dollar and keeping Treasuries low decreses our ability to sell debt. What’s left?

Maybe the govt could declare a tax free status to all alternative energy companies…stimulate an industry that’s got a future?

[peterb]

WWII brought about full employment based on huge govt spending. By the end of WWII the USA had a debt greater than 50% of it’s GDP. Historically speaking, we could go there again. The Fed is trying every trick in the book to get money moving, but it aint working….so if they cant get the private sector to spend, then they’ll have to start spending themselves. Which is essentially what brought us out of the Great Depression. It makes sense, when things get really bad, the only people who will spend money are those that dont have to earn it.

[peterb]

WWII brought about full employment based on huge govt spending. By the end of WWII the USA had a debt greater than 50% of it’s GDP. Historically speaking, we could go there again. The Fed is trying every trick in the book to get money moving, but it aint working….so if they cant get the private sector to spend, then they’ll have to start spending themselves. Which is essentially what brought us out of the Great Depression. It makes sense, when things get really bad, the only people who will spend money are those that dont have to earn it.

[peterb]

WWII brought about full employment based on huge govt spending. By the end of WWII the USA had a debt greater than 50% of it’s GDP. Historically speaking, we could go there again. The Fed is trying every trick in the book to get money moving, but it aint working….so if they cant get the private sector to spend, then they’ll have to start spending themselves. Which is essentially what brought us out of the Great Depression. It makes sense, when things get really bad, the only people who will spend money are those that dont have to earn it.

[peterb]

WWII brought about full employment based on huge govt spending. By the end of WWII the USA had a debt greater than 50% of it’s GDP. Historically speaking, we could go there again. The Fed is trying every trick in the book to get money moving, but it aint working….so if they cant get the private sector to spend, then they’ll have to start spending themselves. Which is essentially what brought us out of the Great Depression. It makes sense, when things get really bad, the only people who will spend money are those that dont have to earn it.

[peterb]

WWII brought about full employment based on huge govt spending. By the end of WWII the USA had a debt greater than 50% of it’s GDP. Historically speaking, we could go there again. The Fed is trying every trick in the book to get money moving, but it aint working….so if they cant get the private sector to spend, then they’ll have to start spending themselves. Which is essentially what brought us out of the Great Depression. It makes sense, when things get really bad, the only people who will spend money are those that dont have to earn it.

[peterb]

If you track the last couple of CA real estate climbs, they tend to really ramp up hard the last couple of years before they burst. Having lived through them, I can tell you that it’s mostly everyone wanting to get in on the appreciation. It’s all everyone talks about at party’s and work. This one was really different in that the loan business started to give anyone that could fog a mirror a “no money down” loan. So everyone got into the game.
Having gone to Houston and Dallas on work related trips, I’ve seen new developments selling houses at very low prices. They just keep moving the housing developments further out from the city centers. But land is dirt cheap there. In 2004 I saw new 3/2 SFR’s going for $180K that were about 30 minutes from Houstons’ city center. But the very swanky Galleria area had many homes for $1M.

[peterb]

If you track the last couple of CA real estate climbs, they tend to really ramp up hard the last couple of years before they burst. Having lived through them, I can tell you that it’s mostly everyone wanting to get in on the appreciation. It’s all everyone talks about at party’s and work. This one was really different in that the loan business started to give anyone that could fog a mirror a “no money down” loan. So everyone got into the game.
Having gone to Houston and Dallas on work related trips, I’ve seen new developments selling houses at very low prices. They just keep moving the housing developments further out from the city centers. But land is dirt cheap there. In 2004 I saw new 3/2 SFR’s going for $180K that were about 30 minutes from Houstons’ city center. But the very swanky Galleria area had many homes for $1M.

[peterb]

If you track the last couple of CA real estate climbs, they tend to really ramp up hard the last couple of years before they burst. Having lived through them, I can tell you that it’s mostly everyone wanting to get in on the appreciation. It’s all everyone talks about at party’s and work. This one was really different in that the loan business started to give anyone that could fog a mirror a “no money down” loan. So everyone got into the game.
Having gone to Houston and Dallas on work related trips, I’ve seen new developments selling houses at very low prices. They just keep moving the housing developments further out from the city centers. But land is dirt cheap there. In 2004 I saw new 3/2 SFR’s going for $180K that were about 30 minutes from Houstons’ city center. But the very swanky Galleria area had many homes for $1M.

[peterb]

If you track the last couple of CA real estate climbs, they tend to really ramp up hard the last couple of years before they burst. Having lived through them, I can tell you that it’s mostly everyone wanting to get in on the appreciation. It’s all everyone talks about at party’s and work. This one was really different in that the loan business started to give anyone that could fog a mirror a “no money down” loan. So everyone got into the game.
Having gone to Houston and Dallas on work related trips, I’ve seen new developments selling houses at very low prices. They just keep moving the housing developments further out from the city centers. But land is dirt cheap there. In 2004 I saw new 3/2 SFR’s going for $180K that were about 30 minutes from Houstons’ city center. But the very swanky Galleria area had many homes for $1M.

[peterb]

If you track the last couple of CA real estate climbs, they tend to really ramp up hard the last couple of years before they burst. Having lived through them, I can tell you that it’s mostly everyone wanting to get in on the appreciation. It’s all everyone talks about at party’s and work. This one was really different in that the loan business started to give anyone that could fog a mirror a “no money down” loan. So everyone got into the game.
Having gone to Houston and Dallas on work related trips, I’ve seen new developments selling houses at very low prices. They just keep moving the housing developments further out from the city centers. But land is dirt cheap there. In 2004 I saw new 3/2 SFR’s going for $180K that were about 30 minutes from Houstons’ city center. But the very swanky Galleria area had many homes for $1M.

[Author]

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