Sunday, May 18, 2008

Update on Housing and whats Around the Corner

We have the central banks of england,Canada,USA,and the European market nations acting as giant pawn shops for not just big banks, but incredibly for large wall street investment houses. Gary North is right when he says they are very afraid of chickens coming home to roost. The following was on lewrockwells.com

From Gary North,The $10,000 Atlanta Houses

You read that right. You can buy a house in Atlanta for $10,000.

That's if you're a high roller. How about one for $5,900?

Whenever you see something like this, you should think to yourself: "This sounds crazy; so, the government has to be involved." This may be incorrect, but you will save a lot of time barking up wrong trees by starting with this assumption.

In this case, it's a conclusion, not just an assumption. I will get to this later on. But first. . . . whole article

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