It’s Official: The Crash of the U.S. Economy has begun

I think that the economic problem in america is just the beginning in the world. For example on the website www.mortgage-refinancing.be... I know that it is now a lot harder for a regular American to afford to take out a mortgage. The financial crises spread quickly through the whole world. For example in my country - Slovakia (it's in Europe) I can see that on lowering car prices. I can now afford a brand new citroen C4 sedan for just 19 472.157 U.S. dollars.

Originally posted by pacificwind
Hmm. 10 months later, and this is called an economic crash? I'm not impressed. I do think we must live in a great nation indeed when people are calling a recession an "economic crash." I'm scared to think how people would react if we actually ever had a real crash!

Now that everyone is thinking they are being smart by buying gold and silver, its time to move out. Contrarian market theory works every time - by the time the masses figure out what the "good buy" is, move on to the next thing.

Are you scared now?