The market is in FREE FALL, man!!!

R

ric2

Registered Users (C)
This country is going SOUTH fast and faster!! Do we need the long-waited green card???

The next bubble will be Real Estate which is in the most dangerous point for a free fall !!!!!!!

If this situation continues and people keep pulling out money from market, there will be more and more companies going bankrupcy, then bank system and wall street will be in crisis becasue they bet too much in the loser companies. If there is another big terror attack, a deep recession, even depression is inevitable becasue government has no longer capability to help in case of a emergency. (Bush has used up all suplus in matter of months)


Hope all the best..
 
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You are Right !

Yes ! I think the Next Big Hit would be the REAL ESTATE MRKET... Prices have been driven high for no reason... !!! Its a cycle.... and I think its inevitable as you said for it to come down soon....

Its just about about time ....!!
 
Start to sell your house while the value is high....otherwise, stay with it and see the value of it go down...:D
Better yet, maybe we should just sell everything, pack up and go back to our homeland.:D
 
Ric2

With all due respect, how does the market performance relate to our 485 processing? I've seen your posts for a while now and you always have SOME crisis that is threatening the very existence of this planet! You just can't stop your attempts to whip up hysteria here, can you?
 
my 2 cents.

:rolleyes:
it is a rolling economy,
No pessimist has ever crossed a bridge,
yaaa he has drowned for sure.

so let us be optimistic for once in our life
and face the future as it comes.

We all remember there was a bird who sat with the
tree while it was burnning, every one asked why are you still
here, the bird replied, i was with the tree built my nest
while i was looking for a home. the tree gave me shelter
in my tough times, now the tree is having tough time, i will
stick to it.

So guys let us stick to it. let us *spend* a little,
let us make a pledge to spend at least 30% of what we earn
forget savings let us pump the economy.
let us go out spend out a little.
those who have jobs if they do that. then things will be back on track.
i hope.
my 2 cents, you have full right to disagree / bash me.

I am already doing that, i am spending whatever i can.

thanks.
 
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