Myrtle Beach Real Estate by Mirela

Overdose: The Next Financial Crisis

Overdose: The Next Financial Crisis


The US Government has launched bailouts, stimulus packages and guarantees to the tune of Ten Thousand Billion Dollars. 

 

That's more than the total cost to the US Government for World War I, World War II, the Korean War, the Vietnam War, the Invasion of Iraq, the New Deal, the Marshall Plan AND the Moon Landing!!! 

 

Bush almost racked up more US debt than all the Presidents before him combined, from George Washington to Bill Clinton!

 

...And Obama is almost creating greater debt than all the presidents before him, including George W. Bush!

      You Tube      

 

 

Comment balloon 13 commentsMirela Monte • September 03 2010 11:17PM

Comments

I left out my favorite group, The Optimist Group, because this was just too gloomy for it.   

Watch this movie!  It is sobering!

Posted by Mirela Monte, Myrtle Beach Real Estate (Buyers' Choice Realty) over 8 years ago

I'm wondering if the next bubble to pop will be the Federal Government...  It is getting too big to be sustainable. 

Posted by Lane Bailey, Realtor & Car Guy (Century 21 Results Realty) over 8 years ago

Lane:  We're all wondering the same thing...

Posted by Mirela Monte, Myrtle Beach Real Estate (Buyers' Choice Realty) over 8 years ago

E$G, Enterprise Sponsored Government...

Posted by Mirela Monte, Myrtle Beach Real Estate (Buyers' Choice Realty) over 8 years ago

The only expanding business is government.  Then again if you do not work for the government then most people are taking handouts from them.  There are fewer and fewer of us supporting all of this. 

Posted by Larry Story, Total Care Realty, LLC, Greensboro, NC Real Estate (Total Care Realty) over 8 years ago

The only expanding business is government.  Then again if you do not work for the government then most people are taking handouts from them.  There are fewer and fewer of us supporting all of this. 

Posted by Larry Story, Total Care Realty, LLC, Greensboro, NC Real Estate (Total Care Realty) over 8 years ago

Its just another in a continuing line of failed wars prorgrams including the war on drugs, the war on poverty, the war on education, the war on the economy. And yes, I think their truly is a war on education and the economy.

Posted by Mike Saunders (Lanier Partners) over 8 years ago

Everyone needs to watch this sobering video.  It is a chronological explanation of the stock market, real estate and now bail-out bubbles.

Posted by Linda Metallo DiBenardo (RE/MAX Impact, Lockport, Illinois) over 8 years ago
I'm sure it's a thought provoking video, but YouTube says it's been removed. I think November will be a time when "We the People" get to do something about the government that is too big to fail (yet it's failing us all).
Posted by Drick Ward, "RealtorDrick" - Experienced Representation (NEPTUNE REALTY) over 8 years ago

Drick:  Wow!  The video has been removed...  Indeed!  Big Brother is not only watching, but obviously taking action...  Sad!  Lesson learnt: from now on, copy any and all truth reaveling videos on to my hard drive!  Unbelievable!  This is not the first time witnessing this, yet it still amazes me.  Very unsettling...  Too much of a reminder of what I left behind when I joyously said goodbye to Communist Romania, the country my parents defected from...

Posted by Mirela Monte, Myrtle Beach Real Estate (Buyers' Choice Realty) over 8 years ago

Yay!  The video is back!

Posted by Mirela Monte, Myrtle Beach Real Estate (Buyers' Choice Realty) over 7 years ago
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Posted by wpbuyuywwc almost 7 years ago

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