Not to mention decuiding to cash out their home equity that they have come to rely on to fund a large part if not all of their retirement sooner rather than later if they see the housing market not getting any better. Prices have come down but I still see a great deal of supply just waiting to come to market hopng prices will start to recover and very little demand for it to sell to because of tighter mortgage retrictions, higher down payments, people having less disposable income and everyone who was going to buy has bought for the most part.
Award winning economist says America has bankrupted itself with the Iraq war
- Thread starter BoyBrutus
- Start date
Not to mention decuiding to cash out their home equity that they have come to rely on to fund a large part if not all of their retirement sooner rather than later if they see the housing market not getting any better. Prices have come down but I still see a great deal of supply just waiting to come to market hopng prices will start to recover and very little demand for it to sell to because of tighter mortgage retrictions, higher down payments, people having less disposable income and everyone who was going to buy has bought for the most part.
It's not the war, it's not bush, it's the average person and including American people who are growing more stupid and mentally ill by the day
I've learned majority of people in this world don't even deserve shit let alone prosperity in life
I've learned majority of people in this world don't even deserve shit let alone prosperity in life
Wrong. The war in iraq has contributed to the economic boom seen since 2003 when the war began because it contributed to a fallign dollar and increased profits for multinationals and defense companies. The markets have surged nearly 70% from the lows. The subprime and mortgage 'crisis' hashad a tiny impact on the overallt economy. Great time to ignore the doom and gloom and buy stocks.
I find it hard to blame the little guy. He is blindsided by a shitty educational system designed to dumb him down and train him in socialism and the food supply has less and less nutrition every decade starting after WW2. He can pull himself up by the bootstraps by studying things on his own but few realize there is anything wrong......
In case you haven't seen it, the third part has some interesting information...
http://zeitgeistmovie.com/main.htm