breckandy

Money Supply: The Myth of Hyperinflation

I think all those dollars got transferred overseas into another form of wealth. Or perhaps they are being held onto waiting for the dollar to strengthen. They are not in American Circulation. Yet

Nouriel Roubini, One on One: More Doom and Gloom

No.. Oil going up to 145 temporarily by speculators didn' t cause world financial collapse.
Giving a few Loans to a handful of minorities didn't cause it.

The practice of creating and using worthless paper debt as currency caused this Ponzi scheme to collapse like a house of cards.

The "solution" was to transfer all the losses of the failed Banks and WS Firms to the taxpayer.

All the Bankers had to do was go to Congress and say, "Who's your Daddy?"

Nouriel Roubini, One on One: More Doom and Gloom

I don't know where everybody else lives but in my area I am seeing inflation.
Metals used in construction going up. I get notification of 5-8% increases for materials from my suppliers every month. Groceries, gasoline. My health Ins went up 20% this year afte going up 25% last year.

I think the forces that be are lying about no inflation.

Is a Case of Quant Trading Sabotage About to Destroy Goldman Sachs?

GS fail? --"It's too big to fail!"

First, the Govt will bail it out with Billions

Second--The bailout(s) will not be accounted for.

Third--The Rats, Scoundrels and Roaches at GS will flee and end up working at the Fed, Treasury and advising the Pres.

History repeats itself.

Greenspan Exposed: More Excoriation of the Maestro

Mr. G lowered rates too fast a few times and put the brakes on too fast.
Now we are loosening up and overcorrecting way too fast again like a skid on ice. We may get giddy again for a while but will eventually crash.

Rubin Deserts a Sinking Citi

Didn't Rubin and a few other folk sell off their stock several years a go?
While overrepresenting it's value.

Cramer's Mad Money - Madoff Is a Serial Killer (1/8/09)

Look at the boys. His boys had no money invested in Dad's firm but had it elswhere. Did they know something everybody else didn't?

Another Dr. Doom: Peter Schiff

>>>>>On May 16, 2006 in debate on Fox News, Schiff accurately forecast that the U.S. housing market was a bubble that would soon burst.<<<<...

Who in mid 2006 couldn't tell a real estate bust was coming? San Diego had theirs 9 months earlier. SW Florida had already gone down the toilet.
They were all talking about the subprime time bomb in 2005
Duh!

California's Labor Market in Trouble as Unemployment Rate Soars

San Diego was the first to bubbleburst 3 or more years ago.
It will be the first to recover. Real estate inventory there has dropped a lot since last year. Mostly it is the junk and foreclosures that are selling. Same for Denver, CO. It had it's bubble in 2000 and never recovered, Now inventory is dropping. Only 2 places in the nation I see this.

New construction has been dead for 2-3 years. A shortage will follow--they are still making babies, all types of immigation and people need somewhere to live.

A feeding frenzy for real estate will happen in certain locations in the next year or two .

Hyperinflation will follow short term deflation. Wait until all those diluted dollars they are printing trickle down.
The cost of new construction and shortage will drive up prices of real estate through the roof and the cycle will begin again and...
The Pendulum Swings

Deflation Is Just Around the Corner

Is it Deflation or Inflation?
I think deflation will be short lived when the trillions they are flooding the market from thin air and the USD becomes more diluted and prices will go way up.

The moratorium we have had on building the last 2 years is building up like a dam of eventual demand once the excess inventory drys up.

Watch the pendulum swing. You know they overcorrected the skid like they do every time.

Home Price Reality Check

My home is worth just as much to me as it always was.