Like I said at the beginning of the financial crisis, we shouldnt need to do anything because iot will bounce back and there will be the next boom, and it will recycle itself again and again.
After the last bust of the early 90's they said it would never happen again, just like it did in the 80's.
Until and unless there is a total change in financial systems theat benefit the population as a whole then it will never be anything other than boom and bust, the only difference is the depths or heights.
I could go on for hours and hours about the system, immigration population control, banking system, savings pensions etc but wont bore you, especially as its passed my bed time.
suffice it to say, that by the end of next year i forsee the crisis almost over. I do not blame homeowners as much as i blame the banking system that allowed people to by homes. The bubble burst well over 5yrs ago, and i guess banks knew it, but were in denial.
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