Showing posts with label US economy. Show all posts
Showing posts with label US economy. Show all posts
I just need a place to lay my head
Take a load off fannie, and put the load right on me (i.e. the taxpayer.)
The great real estate crash
I posted this one a year back, but it is still one of my favorites. Lou Minatti meets Patsy Cline
Good-bye boom time
Recession and redemption
Labels:
finance,
flippers,
foreclosure,
housing,
housing bubble,
US economy,
us housing bubble
One bubble follows from another
So long as the central banks keeps printing the cash, bubbles will inflate and explode.
Jesse Jackson on subprime
On December 10, the subprime borrowers are marching on Wall Street.
It is a bit pointless, in my view. Wall Street has already heard from subprime borrowers. Bankers already know that there is a problem.
Carli Blum on the subprime crisis
Here is a view of the subprime crisis from the bed of two female students.
I found this clip hilarious.
California - what went wrong
If you want to understand why housing prices are collapsing so fast in California, this video will explain everything.
US economy
Do you get the feeling that the US economy is going off the rails. This short video will confirm that uneasy feeling.
Fools rush in.....
A quick tour of the recent housing chart. Somehow, all the charts end the same, with things falling off a cliff.
Bad advertizing.
Here is an advert from a UK house rental agency. The ending certainly has a twist, but I fail to see how this ad would encourage me to become a customer.
But hey, what do I know? Take a look and judge for yourself.
Lost in America
Housing inventory is certainly elevated. Here is a short video of a drive around a NJ suburb. There is a plague of "for sale" signs.
More on the sub prime mess
Here is Jim Jubak on the subprime mess. He has some interesting things to say. Well worth watching....
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