Anonymous wrote:
Anonymous wrote:
Anonymous wrote:No, not at all. The unemployment numbers began to improve two years ago and home prices began to rise as well. There was pent up demand for construction and autos which are the prime driver of the economy.
TWO YEARS AGO, I TOLD YOU SO!!!
Also, with the exception of Lehman Bro. Which should have been saved with the rest, considering the hand Bush, Bernanke, and Obama were dealt they handled the crisis masterfully.
except for the auto bailouts.
except for the homeowner bailouts... people are at it again, buying homes that they cannot afford. Again! They never learn. Losers...
I don't know that this is correct, but even if if is true why are you bothered by it? People default on loans on loans everyday without the wheels coming off of the apple cart. Although similar banking fiascos occurred in 1929, 1989, and 2009 those situations were anomalies and not everyday occurrences. There is currently great pent up demand and emerging markets with literally billions of new consumers gaining discretionary income in the next two decades. This still remains a once in a lifetime opportunity to be an American capitalist.
Never allow anyone else to mange your money. No one else cares about your money and your family more than you do yourself.