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alstry (< 20)




October 15, 2011 – Comments (2)


This was something Alstry forecasted years ago. Many laughed. Unfortunately, it appears the bankers are agreeing with Alstry in more situations.

In our current Industrial Economic Model, the value of a home is based on the jobs in the area. If enough jobs are evaporating due to delveraging and advancing technology, there is no way for the people to afford to ma...intain the stock of homes.

As it's very likely advancing technology and continuing delveraging will eliminate millions more jobs, where do you think housing is heading in America?

Banks turn to demolition of foreclosed properties to ease housing-market pressures 

If you want to know what is really going on, we are heading to a

2 Comments – Post Your Own

#1) On October 15, 2011 at 9:26 AM, alstry (< 20) wrote:

The only thing saving America right now is the deficit.....

Federal plus state and local borrowing MASSIVELY to keep our system functioning.....

US Deficit Increased to $1.3T in Fiscal 2011

Enough to pay 50,000,000 people $30K per year(including state and local deficits).....

Enough to generate OVER 50% of our current income taxes....

Enough to generate most of our social security taxes....

and you think you are "investing" in a world driven by A GOVERNMENT DEFICIT?

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#2) On October 18, 2011 at 12:50 AM, oshiri (< 20) wrote:

     F O L L O W      T H E      M O N E Y ! ! ! 


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