Recent content by matt138_IHB

I remember thinking to myself 3 years ago, "Dubai is trying to out do America and that smells of disaster"

Months from now, when the price is $150-$200 higher, these comments will seem just as silly as the "OMG what do you think will happen if the price goes from $800 to $850? The gold bubble will surely burst at 900." The back and forth is futile. In 2004, cries of real estate fundamentals fell...

I'll show you somewhere keynesianism doesn't work - right here! We successfully deregulated risky companies out of business but unfortunately they are still here because that was the "least worse option" We have "least worse optioned" our way into this with successively larger booms to the...

The dollar is down 7% this year. I'm no math wiz but a taxed 2.75% return against a 7% loss is something only a government institution would call a good investment.

You are right awgee, if they try to make it any more confusing it's for a reason.

I actually think many of the realtors truly believe we are at a bottom. There is very little, if any, true analysis or understanding. The franchise owners just want their agents putting up numbers. They could give a shit about anything else. What's the best way to do this? Always give the...

"Put your hands up for Detroit!" love that song at some point, would it make more sense to just start bulldozing neighbor hoods and neighborhoods?

we could recover a lot harder and faster than all of you think Less realtors would be a godsend

Mortgage payment - Kiss my ass I ain't payin' Rent program - Kiss my ass I ain't payin' Keep on rockin in the free world!

NO_VAS you just made a complete argument for things costing a lot more here in the US. I knew you'd come around! If your neighbor borrowed a bunch of your money and got a huge pay cut at work, would you lend him more money to make payments on the money he initially borrowed? Sure you would...

It took me one month to come up with an answer - people have different countries to choose from when they lend money to a government. Why would I lend money to a government with horrible fundamentals? because my financial advisor tells me its conservative? that guy is an idiot And what does...

I just look at the gold chart and think repatriation. Inflation is almost as boring as deflation so I've decided to start using repatriation. The mania in gold hasn't even started. If gold was money for centuries, and all the sudden we become so smart that gold is no longer money for the last...

Does roubini realize filling holes in bank balance sheets is nonsense and has consequences?

Borrowing money to pretend unemployment shouldn't be 30% is crackpot.

Is the borrowed equity fixed rate debt? Put phantom equity to work and let your government melt the debt away - there are risks but I feel it's a good play. Where did you put the money?