Saturday, August 23, 2008

HOUSING BUST USHERS IN NEW DEPRESSION!!

HOUSING HAS REPLACED MANUFACTURING AS THE LOCUS OF AMERICAN ECONOMIC DEPRESSION.

BUT WITHOUT MANUFACTURING...HOUSING WILL NEVER "COME BACK"...

A LOT OF WHAT THE AMERICAN ECONOMY HAS BEEN ABOUT IN THE LAST 20 YEARS HAS BEEN "BURING THE CANDLE AT BOTH ENDS...!"

NOW WE CAN'T AVOID THE INEVITABLE "MAKING ENDS MEET!"