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It's insane. We've been doing "Reaganomics" for 33 years...is it working?
I love this headline that came out today:
'Bernanke Confuses Wall Street by Sticking Exactly to His Plan'
Thank GOD they recovered.
I was worried that they wouldn't be able to pay their children's 100k/yr elementary school tuition.
Thank Obama, Krugman and the Fed ;)
http://www.cnbc.com/id/101046937
This article proves there is no recovery; just for the 1%. This "trickle down" does not work as it has proven for 5 years. So for all the "cheering"; it only reflects that we are still in trouble. And until the majority can return to good jobs, etc., all markets, including real estate are subject to bubbles.
#housing