De-industrialization, over-leveraging in commercial banking, over-expansion in commercial real estate, the baby boomer spending crash, permanent job loss, financial fraud, a disastrous housing market, record foreclosures, reckless monetary policy, excessive deficits and an unsustainable debt system will force us into a continued economic collapse.
inflation.us Day 2 of 2 BattleBornBroadcast www.youtube.com and George4title explore the economic reality of Las Vegas. From the 9.8 billion dollar City Center to doubling our homeless population, Las Vegas is juggling both ends of the economic coin. George4title and BattleBornBroadcast hit the streets to make sense of a real estate market gone wild, commercial real estate collapse and billion dollar bust. Economists predict more struggles for Las Vegas housing market Las Vegas Sun – Buck Wargo – ?Jan 20, 2010? It will be continued suffering, NAHB Chief Economist David Crowe said of the Las Vegas economy and housing market in 2010. That is the simplest way to … Tour the new dream home: At International Builders’ Show, it’s small, virtual … USA Today Housing construction rebound is in slo-mo, economists say Dallas Morning News Homebuilding Forecast: Modest Growth in 2010 ABC News www.lasvegassun.com content.usatoday.com
Category : Real Estate
Geithner Says Recovery Signs Are Stronger Than Expected www.bloomberg.com Greenspan predicts economic growth to hit 3 percent or higher www.cnn.com Geithner: Stimulus Working But Pain Still ‘Acute abcnews.go.com Stimulus: How Fast We’re Spending Nearly $800 Billion projects.propublica.org Companies Near You Receiving Highway Stimulus Money projects.propublica.org Companies Near You Receiving Highway Stimulus Money projects.propublica.org Stimulus Contracts Go to Companies Under Criminal Investigation www.propublica.org US Foreclosure Filings Jump 23% to Record in Third Quarter www.bloomberg.com More bearish Real Estate Info goldversuspaper.blogspot.com Paulson On The Bailout www.cbsnews.com US bank regulators warn on commercial real estate www.reuters.com Charge-off and Delinquency Rates www.federalreserve.gov Monetary Policy Report to the Congress www.federalreserve.gov Maiden Lane Transactions www.newyorkfed.org WaMu Part II? (Wells Fargo) The Market Ticker market-ticker.denninger.net Exclusive Wells Fargos Commercial Portfolio is a ticking time bomb bankimplode.com CITs Bankruptcy May Help Bondholders and Erase Taxpayer Stake www.bloomberg.com As Banks Repay Bailout Money, US Sees a Profit www.nytimes.com Awaiting Returns Image Link www.nytimes.com
Category : Real Estate
inflation.us What will happen to vacant commercial buildings as the economy begins to unwind? The Answer is right in front of my eyes. They will be destroyed.
