Comments on: Housing Bubble Boondoggle http://www.dissidentvoice.org/2007/04/housing-bubble-boondoggle-is-it-too-late-to-get-out/ a radical newsletter in the struggle for peace and social justice Tue, 06 Jan 2009 13:39:59 +0000 http://wordpress.org/?v=2.6.1 By: Ed Hooley http://www.dissidentvoice.org/2007/04/housing-bubble-boondoggle-is-it-too-late-to-get-out/#comment-234 Ed Hooley Mon, 14 May 2007 16:20:03 +0000 http://www.dissidentvoice.org/new/2007/04/housing-bubble-boondoggle-is-it-too-late-to-get-out/#comment-234 When will the housing crash happen? Im a renter and Im waiting for the crash in California to buy. If it doesnt crash I'll never be able to buy :-( When will the housing crash happen? Im a renter and Im waiting for the crash in California to buy. If it doesnt crash I’ll never be able to buy :-(

]]> By: Housing Bubble Boondoggle at The Head-On Radio Network | America’s Liberal Voice! http://www.dissidentvoice.org/2007/04/housing-bubble-boondoggle-is-it-too-late-to-get-out/#comment-68 Housing Bubble Boondoggle at The Head-On Radio Network | America’s Liberal Voice! Wed, 02 May 2007 20:59:12 +0000 http://www.dissidentvoice.org/new/2007/04/housing-bubble-boondoggle-is-it-too-late-to-get-out/#comment-68 [...] Schumer’s right. The repercussions of millions of homeowners defaulting on their loans could be a major hit for Wall Street and the banking sector. That’s what Schumer is worried about — not the plight of over-leveraged homeowners. MORE [...] [...] Schumer’s right. The repercussions of millions of homeowners defaulting on their loans could be a major hit for Wall Street and the banking sector. That’s what Schumer is worried about — not the plight of over-leveraged homeowners. MORE [...]

]]> By: zBlackX » Blog Archive » Economic Bubbles http://www.dissidentvoice.org/2007/04/housing-bubble-boondoggle-is-it-too-late-to-get-out/#comment-54 zBlackX » Blog Archive » Economic Bubbles Wed, 02 May 2007 03:26:58 +0000 http://www.dissidentvoice.org/new/2007/04/housing-bubble-boondoggle-is-it-too-late-to-get-out/#comment-54 [...] other other day about the economy.  See “All the World’s a Bubble” & “Housing Bubble Boondoggle“.  I’m not sure I can see the economic future now any better than when I was [...] [...] other other day about the economy.  See “All the World’s a Bubble” & “Housing Bubble Boondoggle“.  I’m not sure I can see the economic future now any better than when I was [...]

]]> By: Tim http://www.dissidentvoice.org/2007/04/housing-bubble-boondoggle-is-it-too-late-to-get-out/#comment-20 Tim Sat, 28 Apr 2007 19:34:11 +0000 http://www.dissidentvoice.org/new/2007/04/housing-bubble-boondoggle-is-it-too-late-to-get-out/#comment-20 Ditto Australia. Our property market is as stuffed as yours. The way it began was really strange- We noticed allot of houses on the edges of our cities going into forclosure, this is unusual, it is typically the inner city units that cop it first. On careful inspection we found that most of these sales were caused by defaults on no-doc loans. The problem has now spread to investment properties and units. Everyone is walking around waiting for the other shoe to drop. We know that a catastrophic recession is around the corner but life is going on as usual. It is a very weird vib. The only thing that may mitigate our recession and keep deflation at bay is the federal government's surplus. Howard has spent the last 11 years retiring debt. Our government can 'pump prime' when it gets bad. An economic modeller I know has been told to simulate an external debt deflation depression environment for a hedge fund he works for. He has also said that his fund managers are buying commodities like crazy. Tim Ditto Australia. Our property market is as stuffed as yours. The way it began was really strange- We noticed allot of houses on the edges of our cities going into forclosure, this is unusual, it is typically the inner city units that cop it first. On careful inspection we found that most of these sales were caused by defaults on no-doc loans. The problem has now spread to investment properties and units.

Everyone is walking around waiting for the other shoe to drop. We know that a catastrophic recession is around the corner but life is going on as usual. It is a very weird vib. The only thing that may mitigate our recession and keep deflation at bay is the federal government’s surplus. Howard has spent the last 11 years retiring debt. Our government can ‘pump prime’ when it gets bad.

An economic modeller I know has been told to simulate an external debt deflation depression environment for a hedge fund he works for. He has also said that his fund managers are buying commodities like crazy.

Tim

]]> By: Wheatworks Blog: Financial Matters » Nice Summary of Housing Bubble Issues http://www.dissidentvoice.org/2007/04/housing-bubble-boondoggle-is-it-too-late-to-get-out/#comment-17 Wheatworks Blog: Financial Matters » Nice Summary of Housing Bubble Issues Sat, 28 Apr 2007 19:20:07 +0000 http://www.dissidentvoice.org/new/2007/04/housing-bubble-boondoggle-is-it-too-late-to-get-out/#comment-17 [...] If you’re hearing about the housing bubble on the nightly news and wondering what it’s really all about, let me refer you to the best summary of the housing bubble issues I’ve read yet. It’s on the Dissident Voice web site and was written by Mike Whitney. Posted April 26th, it’s at Housing Bubble Boondoggle. [...] [...] If you’re hearing about the housing bubble on the nightly news and wondering what it’s really all about, let me refer you to the best summary of the housing bubble issues I’ve read yet. It’s on the Dissident Voice web site and was written by Mike Whitney. Posted April 26th, it’s at Housing Bubble Boondoggle. [...]

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