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re: Reality

Posted on 11/20/08 at 2:03 pm to
Posted by SnowMan77
Baton Rouge, La
Member since Oct 2008
2242 posts
Posted on 11/20/08 at 2:03 pm to
Considering the last 7 years of economic expansion was propped up by the Feds printing more money, jacking home prices up, having everyone borrow money, crooked rating agencies, high leverage ratios, etc all this was bound to happen. reality will set in and the markets will adjust. it'll be a while though because the government is still pumping money into financial institutions
This post was edited on 11/20/08 at 2:34 pm
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