MarvinMBA

Bubble Also Caused by Neomercantlists

I suppose it made it easy to sell paper overseas and bring back the bucks to pay of the home builders and property sellers. Thats now stopped. But at this junction I still do not see long term rates rising which they should be all things being equal which of course they are not. Thats saying our economy is in the dumps big time!!!! You are going to have to wait a long long long long time before you see RE valuations return....WHERE ARE THE JOBS AND BIG SALARIES TO SUPPORT A RETURN TO THE RETAIL AND REAL ESTATE SECTORS. I suppose the next jobs are going to work-make jobs provided by Uncle Sam because the private sector....banking and stockbrokerage is be
socialized. Will USam do the same for the Auto Industry...etc.etc etc...where are we going?????????????????...