Jack K. said...

There is no doubt about it, the current economic situation is a good example of two things:
1. Self-fulfilling prophecy, and
2. Tell a lie long enough and people treat it as truth.

Whatever you do, don't sell now, buy, buy, buy what you can afford.

Real estate might be a good idea at this time. Prices are getting back to real (pun intended) and interest rates are right, too.

Karen said...

Yep, Jack, and this is just another thing to add to the preznut's legacy, the Wall Street bloodbath.

an average patriot said...

Exactly right! Greenspan was the enabler in this case. Have you ever read this by Mike Whitney The second great depression

BBC said...

I hope that it's a real bad recession, make that a depression, it is needed to bring things back in alignment.

I'm ready for it, I can't wait.
I'm so excited I could wet my pants.