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End of the financial crisis?

When would the financial crisis end?

  • In a few years

    Votes: 8 24.2%

  • 21 December, 2012

    Votes: 5 15.2%

  • Up to 5 years

    Votes: 4 12.1%

  • Up to 10 years

    Votes: 7 21.2%

  • When we blow ourselves to kingdom come

    Votes: 1 3.0%

  • Not in our lifetime

    Votes: 4 12.1%

  • Somewhere over the rainbow

    Votes: 4 12.1%
  • Total voters
    33
Klown said:
Corporate Capitalism is always in a state of crisis

All fascist tyrannical totalitarian instruments of enslavement are unstable and immoral

The so called "crisis" that you refer to is the fascist crushing of workers rights, community institutions, democratic processes, the Constittution, bill of rights etc.,

Fascists love the crisis state - they do their best killing and theft then!

isnt that right cpwill?
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Brother, I would have to be able to decipher that mess before I could tell you.
 
iguanaman said:
We bottomed out in 2010 and the Auto industry and housing market are improvng daily.
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:lamo

you're cute. :( But I hope you aren't investing anything important with that mindset.

Looks like you and Romney were wrong and you won't get to buy up all our houses at pennies on the dollar so you can rent them back to us. What a shame.
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:shrug: I'll be buying a house here in the next two three years, and probably renting it out later, too. we'll see. :)
 
cpwill said:
Brother, I would have to be able to decipher that mess before I could tell you.
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Well the research project that I have assigned to you is due on 17th APril 2014 - so plenty of time
 
Our net worth increased dramatically over the past 6 years. The houses we just purchased are going up in price quickly. The areas around our homes are improving. It's hard to find good short sales anymore. Down town Grand Rapids MI is looking terrific compared to 6 years ago. Our stock investments are now improving. The car companies are doing well. What was this poll about, I forgot?
 
OhIsee.Then said:
Our net worth increased dramatically over the past 6 years. The houses we just purchased are going up in price quickly. The areas around our homes are improving. It's hard to find good short sales anymore. Down town Grand Rapids MI is looking terrific compared to 6 years ago. Our stock investments are now improving. The car companies are doing well. What was this poll about, I forgot?
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You are on the luxury deck of the Titanic. Enjoy it while it lasts.
 
OhIsee.Then said:
Our net worth increased dramatically over the past 6 years. The houses we just purchased are going up in price quickly. The areas around our homes are improving. It's hard to find good short sales anymore. Down town Grand Rapids MI is looking terrific compared to 6 years ago. Our stock investments are now improving. The car companies are doing well. What was this poll about, I forgot?
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So, do you credit Obama with making that change or do you Credit the governor of your state and state congress? 6 years ago? That was before the crash, did your state actually improve during the meltdown? If so, just how bad was it to begin with?
 
DVSentinel said:
So, do you credit Obama with making that change or do you Credit the governor of your state and state congress? 6 years ago? That was before the crash, did your state actually improve during the meltdown? If so, just how bad was it to begin with?
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I inherited with my sister ‘commercial’ property. Later, I was RIFed from the division of a large corporation giving me time to do my own thing. A few years later I split and sold them, fisbo, May and June 2006. I sold them into a booming market. In Nov 2006 we purchased a home in Grand Rapids, a distressed sale in a declining market; and, it’s value has gone up a bit. In May 2007 I sold, fisbo, our Scottsdale AZ home just as prices started to decline. I was about 3 months late, could have sold for 30 to 50 k more. We bought a home in the Phoenix area Feb 2010, it has increased in value about 35% since we purchased it. We bought an additional home in the Phoenix area this June 2012 and it had gone up about 30% since then since it close to recovering businesses etc. We also have other investments. But, the property value dive was due to commercial businesses operating in an environment set up about 7 years ago. Things are recovering now with a somewhat changed environment. Governors have had nothing to do with what I did. The federal government has had a lot to do with what has happened to us.
 
The financial crisis is over here in Dallas/Ft. Worth.

Everyone move here at once. That is all.
 
In general the economy is going to do whatever the economy is going to do regardless. Sure some influences affect it and if you really screw with the mechanism its going to get pissed and give out a big or little burp/blech. So I think the economy is going to do what it is going to do and that for now is proably to improve.
 
cpwill said:
Crashes end when you find bottom and then start to rebuild. So far the things that have not hit (or been allowed to hit) bottom yet are:

1. The US Housing Market
2. The US Auto Industry
3. Southern Europe
4. China


I hope you don't intend on retiring any time soon.
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The bottom will be when radical liberals and the Muslim Brotherhood are in the White House discussing America's terms for surrender.
 
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