Satellite Tour Of America's Foreclosures

[londontsi]

Re: Satellite Tour Of America's Foreclosures

[hrai]

Re: Satellite Tour Of America's Foreclosures

It seems to me that England just divorced from Europe..... I don't know what the big deal over Hitler was if Germany was going to control Europe anyways. Freakin' Hryas.

Cameron was in a cleft stick, he couldn't afford to go with the other 26 countries as that would have put pressure on him to have a referendum, which he would probably have lost perhaps creating a crisis with the Con-Dem Coalition. What surprises is that his stated goal was to protect the finance houses in London with no regard to any Uk industries.

Sarkozy is keeping himself and France as close as possible to Merkel & Germany, as per the old saying........

Who said democracy was dead, it's been bought by the financiers.

[KanadaHye]

Re: Satellite Tour Of America's Foreclosures

It seems to me that England just divorced from Europe..... I don't know what the big deal over Hitler was if Germany was going to control Europe anyways. Freakin' Hryas.

[londontsi]

Re: Satellite Tour Of America's Foreclosures

Londontsi,

Here is one I found. But I am sure you can find a better one than I.

http://www.guardian.co.uk/business/2...bal-debt-clock

One perspective as to why?

[Christina]

Re: Satellite Tour Of America's Foreclosures

Londontsi,

Here is one I found. But I am sure you can find a better one than I.

http://www.guardian.co.uk/business/2009/sep/17/economist-global-debt-clock

[Christina]

Re: Satellite Tour Of America's Foreclosures

Thanks! Where oh where do you find these sites? Very interesting....Now what about the EURO and the
situation in Eurozone? if you find a website with that-please let me know.

[londontsi]

Re: Satellite Tour Of America's Foreclosures

US debt clock

http://www.usdebtclock.org/#

.

[retro]

Re: Satellite Tour Of America's Foreclosures

The only way they will go back up is by foreign investment and foreigners got rich off of U.S. spending so it's not that simple for demand to turn around. It might take decades for people to catch up with their debts.

The foreigners are cash buyer and they aren't trying to to cacth a falling knife as such. But rather to offload their ill gotten gains in some off shore, banana bank into something more secure. What is more, not everyone in the US is a morgage slave and sooner or latter the banksters are going to have get off their chunky asses and devise ways to make new slaves.

[retro]

Re: Satellite Tour Of America's Foreclosures

House prices will not stay as low as they are right now, they will go up when demand goes back up

Whilst the problem is that the banks are not lending. Property prices will stabilize even in the face of asset deflation. As demand for property and demographic growth are closely linked and the construction industry in the West is now massively under capacity. Hence property like any other suppressed, tangible asset class will eventually start to detach from the underlying fundementals.

[londontsi]

Re: Satellite Tour Of America's Foreclosures

The rich rules over the poor, and the borrower is the slave of the lender. - Proverbs 22:7

http://www.economist.com/content/global_debt_clock

Is this map suggesting something different?