Inflation Fears, Credit Crunch, and Our Gov’t… the inter-connectedness of it all
A little dated ( May, 2008 ) but still very relevant. We are destroying our country and our financial well-being. Everything is inter-connected. We are going BROKE and are headed for the 1970′s style “stagflation” when the FEDs have no more bullets to shoot out the problems! Our dollar is tumbling fast each day. An interesting piece from Glen Beck:
CA has a 4.25 year inventory?!?
Wow. Especially when CA controal approximately 40% of the real estate/ money available for lending. If this money continues to be tied up, or even worse not paid back, how could this NOT affect the entire market?
CA Foreclosures “Leveling Off”? What does this really mean?
It is that time of the month again folks! The June monthly CA foreclosure report is ready, data courtesy of Foreclosure Radar. It was another ‘record’ month, which when speaking of foreclosures, is not a good thing. However, in a couple of areas we show some ‘leveling-off’.
‘Leveling-off’ is considered to be positive by many but that sometimes is not the case. For example, if retail sales ‘level-off’ going into December, it is not a good thing because sales should accelerate in the Holiday’s. This is analogous to what happened in the foreclosure arena in June. Although numbers seem to be leveling off, the situation is continuing to worsen according to the way I see the data.
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