Illusion of Prosperity in the USA Today(Miami Style)

	Duration: 05:11 minutes Upload Time: 07-07-22 23:40:34 User: 1sageee :::: Favorites :::: Top Videos of Day
Description: Showing the World the illusion of prosperity in America. The Stock Market is not the Market on Main Street America. The stock market can remain irrational longer than you can remain solvent. Show the world the illusion. Can You say Wealth Destruction?
Comments
austinw356 ::: Favorites Want to understand why this happened? Spend 30 minutes and know more than 99% of the population and a majority of economist. Go to Google Video and search for "mises institute" and watch the first video. 07-07-27 03:37:52 __________________________________________________
austinw356 ::: Favorites Lets thank Alan Greenspan..... Created the irrational exuberant Clinton boom thus leading to the large Bush Bust, and then he lowers rates to 1% creating yet more irrational exuberance and yet another bust..... 07-07-27 03:33:35 __________________________________________________
seamusfurr ::: Favorites I love the prediction that Miami will be overbuilt "for at least two or three YEARS." Um, more like a decade, unless you believe that tens of thousands of net-new condo buyers are coming to Miami during a time of rising rates and foreclosures in the pipeline. 07-07-24 16:43:46 __________________________________________________
sritger ::: Favorites WERD, TaZ...this is just the tip of the tip of the iceberg. There is about TWO TRILLION DOLLARS worth of ARMs that will be resetting over the next year or so. It's gonna be a bloodbath!!! 07-07-23 20:50:03 __________________________________________________
TaZMaNiO ::: Favorites "Like all bubbles this one burst and we're feeling the effects right now..." You ain't seen nothin' yet bubba ;-) 07-07-23 16:03:49 __________________________________________________
TaZMaNiO ::: Favorites US Housing will return to the mean, which is 2000-2001 prices, except in areas where land is REALLY in short-supply in comparison to demand like NYC. Of course NYC will be stagnant as the insane bonuses from Wall St. slow to a trickle... "Behind every great fortune there is a crime." -Honore de Balzac 07-07-23 16:02:11 __________________________________________________
juana4molina ::: Favorites great! hopefully the median home prices will go back to 3 times median household income. that requires a drop of 35%. :-) 07-07-23 10:29:27 __________________________________________________
doomerjohnm ::: Favorites Condo Vultures dot Com / two to three years / buy and hold (yeah, right) / Technical Olympic. You seem to be reliving "The Cocoanuts" (1929, ominously) the first Marx Brothers movie. 07-07-23 05:37:16 __________________________________________________