Saturday, November 28, 2009

The Housing Collapse of 2010 Will Be Worse Than 2008

cfecon.blogspot.com 60 minutes special. Get out of the dollar and the U.S. equity market. It's about a flight from the dollar soon as China is a net seller of cash rather than a net buyer, as they are. They just announced a 600b rescue of its own, as you think they pay for it? Dump her 1Trillion plus in U.S. treasuries. The game is over. In 2010, one hundred U.S. dollars wont even buy a case of beer.



http://www.youtube.com/watch?v=kunB4SnAh4g&hl=en

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