FDIC Bank Closure Map – http://banks.feedba.cc
A list of quotes pairing prognosticators from the Great Depression against experts from the Housing Bubble. Funny? Scary? You decide!
Duration : 0:5:45
Housing Bubble vs. Great Depression
25 Responses
Leave a Comment
October 9th, 2009 at 4:39 pm
yes but who runs …
yes but who runs the fed ??? the anwser to this lies with the same monsters bringing us agenda 21 and codex alumentarius we are fooked
October 9th, 2009 at 4:39 pm
World Factbook info …
World Factbook info, California as an independent state, it would have had the 10th largest economy in the world in 2007.
July 09 California #1 foreclosures at 108K
U.S. 360,000 for 1 month!
Go To: Google maps, select REAL ESTATE @ right options box. Check FORECLOSURES, zip code 91739 and watch the search area w/PINS of homes in foreclosure. MINDBLOWING! zip 91739 the Inland Empire. Ground zero
CA CML RE @ 30% vacancy rate! 5 yr bloodbath more at: CaliforniaRE2009 blogspot
October 9th, 2009 at 4:39 pm
PS.. loans on …
PS.. loans on speculative stock buying artificially high priced stocks the value of the toxic assets fell constricting the money supply since the FED uses debt to create the money supply producing layoffs..massive debt due to deficit spending falling real income due to the inflated debt created by the FED ..the bottomless pit of the fiat debt economy of the FED.. the FED recession-boom cycle..just like in 1929 the uncontrolled greed resulted in depression instead of recession
October 9th, 2009 at 4:39 pm
the reason for the …
the reason for the bubble and the depression are one and the same.. the FED loaned money at low rates to do speculative buying. in the 1920’s it was stocks, in the 1980-2000’s it was for homes and consumer goods.. the FED then called in the loans causing the stock market collapse & rush on the banks. they then constricted the money supply which resulted in factory closings…today they raised interest rates on adjustable mortgages, sold worthless investments labeled as AAA grade assets
October 9th, 2009 at 4:39 pm
Out of adversity …
Out of adversity comes opportunity.
I had a friend purchase 14 homes here in Houston in the 80s when we had a far more depressed housing market than today & he averaged a profit of $30K on them.
You can’t do that today in Houston as our housing mkt has remained fairly strong & it looks like we’ll have a housing shortage by summer, but there are other areas where you’ll be able to make a nice profit.
Inasmuch as I’m in Houston I’ve been buyiing stks recently & 2 have already doubled.
October 9th, 2009 at 4:39 pm
? The speed was …
? The speed was easy.
October 9th, 2009 at 4:39 pm
I wonder if Mr. N …
I wonder if Mr. N will return our essay back to us.
October 9th, 2009 at 4:39 pm
Interesting …
Interesting comparison of claims from current and depression era “experts” . How wrong many of them were.
What is missing from this video is the causes of the stock bubble and crash and the housing bubble and crash. Neither one happened by accident, but by the covert actions of “Money Masters.” Many people are to blame, including the Democrats who pushed programs to get people into houses they couldn’t afford.
October 9th, 2009 at 4:39 pm
Wow! Three years …
Wow! Three years ago and so correct! I grew up in the 80s and always heard how the 80s were so greedy. Well, the 80s had NOTHING on the 2000s – you had to have the right house in the right neighborhood, the right purse, the right shoe, the right vacation, I could go on for hours. And most of these purchases via credit cards!
October 9th, 2009 at 4:39 pm
what even lucid …
what even lucid people are not getting is that you cant restore trust, remove fear, and lessen resistance, unless you put a ban on housing price hikes, people fear economic growth even more than recession because growth increases prices on crucial human necessities, the rules of the game have changed its not just supply and demand anymore.
October 9th, 2009 at 4:39 pm
Regardless of where …
Regardless of where you live, the economy is hugely painful…the “go-go” days and party are over; it’s time to pay the price. FederalHomeLoanMods(dot)com
October 9th, 2009 at 4:39 pm
well….if you …
well….if you think about it….all these experts usually never want to say anything bad about the market because just saying it publically could cause a slide
October 9th, 2009 at 4:39 pm
Take a speed …
Take a speed reading course before watching this video.
October 9th, 2009 at 4:39 pm
There is a housing …
There is a housing bubble, but its not nationwide. He in California the bubble is bursting and taking 50% of house values. In New York, Nevada, Florida, and Michigan the bubble has burst aswell. However, this affects the nation because these states are broke and in need of a bailout also.
October 9th, 2009 at 4:39 pm
Thumbs down to this …
Thumbs down to this video….words come and go too fast, I dont want to pause every 5 seconds.
October 9th, 2009 at 4:39 pm
I just looked up …
I just looked up the first quote’s owner, irvin fisher. He was a eugenicist lol
October 9th, 2009 at 4:39 pm
there are some …
there are some economists that are really on the ball but, like peter schiff, jim rogers, jim plaplava and probably plenty more. These people often pre-empt the govt, although none of them predicted that the people behind the curtain would have done something suicidal like bringing oil down this far
October 9th, 2009 at 4:39 pm
Bush has hurt this …
Bush has hurt this country badly. More military has a cost to our society. The jobs it provides, either low pay for soldiers or high pay for weapons developers who will be unemployeed if the wars stop.
October 9th, 2009 at 4:39 pm
Yes, this is true. …
Yes, this is true. Definitions of politics are confusing in that people that call themselves a “member” of which they are not in ideals with. Arnold Swartssnegger, Pelosi, Bill Clinton. The list goes on.
Free market vs Command market. Which is better, which is more economical. I’ve argued this point for a while. Democracy is expensive! Some countries, like Afghanistan (the fifth poorest country in the world) can ill afford a democracy, nor can it afford its armies and police.
October 9th, 2009 at 4:39 pm
A conservative, …
A conservative, isn’t for big business, he’s for free market and as a result it just happens to be that companies can become big if the government does not intervene with the marketplace. Bush, by bailing out big companies is showing leftist inclinations.
October 9th, 2009 at 4:39 pm
I would not trust …
I would not trust any economist. It’s all politics and for their benefits. If they are in their business to make money, then you should never ask them for their EXPERT opinion.
October 9th, 2009 at 4:39 pm
Universal Suffrage …
Universal Suffrage is another tool, used to oppress people. It is meaningless, but it makes people feel like they have some power. It is very effective propagands, the belief that you are free is more powerful than actual freedom, as long as people believe they are free, they can be contolled and manipulated to do and put up with anything.
October 9th, 2009 at 4:39 pm
Well yes, but …
Well yes, but ultimately, hyperinflation and Depression lead to the same ends, poverty and starvation. So, this will be a hyperinflationary depression.
October 9th, 2009 at 4:39 pm
we can make gold now
we can make gold now
October 9th, 2009 at 4:39 pm
Looks like we made …
Looks like we made the 5000 point drop you predicted.