Wednesday, September 24, 2008

Record housing drop

Housing prices at a catastrophic drop. The record drop in August means that we are not slowly digging out, but instead going deeper. I see dark days ahead as the economy implodes.

People have lost faith in america and are liquidating their assets. The new funny money like the candy color pastel pink fifty dollar bills and the orangeback tens that look like monopoly money do not inspire confidence.

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