In all, banks repossessed 95,364 properties last month, up 3 percent from July and an increase of 25 percent from August 2009, RealtyTrac said.
Now Just how much of a problem it will be when the banks put all these homes back on the market ?
and this is just ONE month .
So if there is say even 3 million forclosed homes .(which is a VERY low number)
what happens to the value ofb the homes when you FLOOD a market that isn't even willing to give a lone.
Right now corporations and the government keep playing with the numbers .But even they know the end is near.
No its not the end of the world lol But the end of our form of economy it may very well be.
With all the talk of lazy people and loser drug users and how its the Mexicans taht are taking our jobs .
The real problem is and always has been EVERY government has been desined to EXPAND .
And capitalism is the WORST one there is nO standing still there is no spot were we say this is enough we must ALWAYS expand .
Take this example walmart Nets 5.34 billion dollars this year . Next year walmart Nets 5.34 billion dollors again . THIS IS A LOSE according to
them . In order for the company value to go up the company MUST expand and gain MORE money every year .If it stays the same even the company starts to
So with our form of economy there are two choices one you lose money ( get forclosed on) two you constantly are trying to get raises .
The problem here is You will hit a Plato it has to happen You cant just keep getting raises for ever or you end up with one guy getting a 30
and even that will crash the system you have .
This is your world YOU made it you think its great BUT your children DONT. And there kids will be pulling goats to a sluter house for 1$ a goat to
help feed the family .
so many of you come in here posting how louse people are man I pity your grand kids they are the ones who will suffer for your arrogance