A Depression Never Ends (1929-2009)

Housing Bubble vs. Great Depression

The reason for the bubble and the depression are one and the same.. the FED loaned money at low rates to do speculative buying. in the 1920’s it was stocks, in the 1980-2000’s it was for homes and consumer goods.. the FED then called in the loans causing the stock market collapse & rush on the banks. they then constricted the money supply which resulted in factory closings…today they raised interest rates on adjustable mortgages, sold worthless investments labeled as AAA grade assets!

The Truth About The Economy: Total Collapse

Maybe people just need to wake up and stop relying on the media………..

Must Watch, Great video, Sad but true. Wall street 1929-2009

Related Posts:

• ICBC lends more, earns more, and loses more
• TOXIC ASSETS and the PPIP Death Rattle—(from Denninger)
• I think only increasing inflation of prices can lead to higher interest rates.
• What can Chairman Bernanke possibly say that we haven’t already heard?
• Housing will come down to 50% of what it was at the peak.

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