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Old 06-10-2011, 12:15 PM  
wig
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Join Date: Feb 2002
Location: Panama
Posts: 708
Quote:
Originally Posted by split_joel View Post
Its not a question of if a depression is coming its more of the question of when.

Anyone who understands how our markets work and how overall fiance work in the world should see that this last recession is nothing compared to what is about to happen.

Commercial Real estate is now at about 48% below the peak back in October 2007. The pot is about to boil and when it does you will see 100's of more banks go under, you will see a crash of epic proportions. The index of property is at a ALL TIME LOW!!!

Further more the market is on a 6 week straight decline and is not showing much sign of improvement.

Most of the sheep in this country and or world do not realize the worst has not even come close to showing its horns. When it does, I guarantee unemployment in the 28-35%.

entirely possible.


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