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lyingtoourselves
1 Comment
Nowhere Near a Real Estate Bottom [view article]
Gee guys, head to an inner city, look around a bit and you'll see people suffering already. They are called the homeless. If gas hits $10/gallon all those SUV's will head to the scrapyard. Peak oil won't hit for awhile, when it does America will finally stop being an oil based economy. Ethanol will cause more famine and subsequent disease in coming years which is apparently a good thing. Mass transportation will eventually come to light, when I don't know. Building greener communities will eventually come to America, it's going to be the next bubble. America just has incredibly stupid leadership is all. IF 20-30 years of Clintons and Bush's is not nepotism at it's finest I don't know what is. Same thing at the state level, a poisoned democracy. A depression is just what America needs, but it will not happen, I'm hoping for a deep and prolonged recession. Mar 11 11:49 AM