For a few years, I've been preaching about our impending doom.... so many resons why the system will fail:
- US Federal Deficit
- US Trade Deficit
- Money Supply inflation
- Pension Shortfalls
- Consumer over-indebtment
- Real Estate Bubble
- High Tech Bubble.. (nah, that's so 2001)
- and... out-of-control derivatives.
Well, as we know the tech bubble burst. The real eastate bubble is showing signs of being about to burst.... what was that about the last item?
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