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Hence the reason for that 40%+ in foreclosures and rapidly rising... Sure there are areas where prices have been held, tho overall this is not good news.
Another odd stat... and this was part of the US Treasury Report for.. think 2002. At that time total indebtedness was estimated to be equal to 94% of all home values in the US - and included the contents within these homes. Since 2002, that situation has become far worse and, who knows, but probably in a deficit condition now.
Home values are not anywhere near the ability of folks to pay for homes - again, probably part of the reason that the nation spends 160% of it's wage bill.XXX TLD's - Another mosquito to swat.Comment
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When it comes to the economy, Bush fails to point out that it is "booming" because the exchange rate between the dollar and most major currencies has shifted so far in the last few years... It is a sort of inverse bubble.Comment
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Jim Webb is a good guy, I'm just stirring up GFY drama.Comment
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Is that all you have to offer??? DUH??
You seriously need to read more and get a clue. A good start is the US govt's annual reports and several publications from those who specialize in this area. Try Dr Robert Shiller's book titled "Irrational Exuberance" - something you are clearly suffering from
XXX TLD's - Another mosquito to swat.Comment
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I have statistics and facts you will never understand or have for that matter... boots on the ground. I live in one of the "worst economic states" in this union and we have an abundance of luxuries most people in this world will NEVER have.Is that all you have to offer??? DUH?? You seriously need to read more and get a clue. A good start is the US govt's annual reports and several publications from those who specialize in this area. Try Dr Robert Shiller's book titled "Irrational Exuberance" - something you are clearly suffering from
I own my home, I own several vehicles, I have hundreds of thousands of dollars stockpiled away and yet I dont have a formal college education. I would say that the USA in the last 10 years(7 of those years under George Bush) has been very good to people like me who WORK for a living instead of waiting for entitlements from the govt or the rich.
I dont care about the dude that is 30ish years old still working at Mcdonalds spending his minimum wage on weed, he deserves to live in relative poverty. Even then the beauty of America is that dude will get better health care, more food and live longer than most of the people in other countries on this planet.Last edited by Splum; 01-23-2007, 07:36 PM.Comment
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“If you can convince the lowest white man he’s better than the best colored man, he won’t notice you’re picking his pocket. Hell, give him somebody to look down on, and he’ll empty his pockets for you.”Comment
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It was never about you
The subject was the economic condition of the US tho since you were never educated it's fair to let you ramble over personal experiences and express personal opinions which mean nothing.
Audited accounts and qualified opinion are more relevant than those from one of the victims of "irrational exuberance", but thanks for the weak attempt at intelligent conversation
XXX TLD's - Another mosquito to swat.Comment
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You mean qualified opinions like these people?The subject was the economic condition of the US tho since you were never educated it's fair to let you ramble over personal experiences and express personal opinions which mean nothing. Audited accounts and qualified opinion are more relevant than those from one of the victims of "irrational exuberance", but thanks for the weak attempt at intelligent conversation
U.S. economy will easily skirt recession - Consumer spending will offset housing slump, economists predict
http://www.msnbc.msn.com/id/16774232/
U.S. Economy: Leading Indicators Signal Faster Growth
http://www.bloomberg.com/apps/news?p...l.Y&refer=home
Look I realize down there in the land of tax evaders, cp vendors and internet criminals that its hard for you to get solid information that supports your hatred for the United States but surely you can do better than one book?Last edited by Splum; 01-23-2007, 07:55 PM.Comment
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OK.. Looked at the first link you suggested - then gave up. The US economy never did rely on a Reuters poll. It relies on fact.
Try checking out the total deficit on the last five years of Treasury Reports instead of grabbing a load of links that suit your case from the net. That is called qualified opinion - try it sometime.
Are you suggesting Robert Shiller writes a load of crap about "US hatred" next?? Sheesh, you are one sicko.. Gimme a break idiot
XXX TLD's - Another mosquito to swat.Comment
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I think Splum should be the next person to dump in the US Treasury - the command of economics is awesome and a sure fire winner
XXX TLD's - Another mosquito to swat.Comment
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Idiots whom have to type in font 10 times too big to get their point across normally have no clue what they are talking about.
Did I say anything about how cool Web was or that I think he's better than sliced bread? No you fucking moron I said he owned fucking George Bush tonight.
Now go back to crying about not having enough bling to buy a $1k .org domain and leave us grown ups alone.In November, you can vote for America's next president or its first dictator.Comment
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