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Beverly Hills real estate selling for 1989 price levels – Southern California two bubbles. Home sold for $920,000 in

Beverly Hills real estate selling for 1989 price levels – Southern California two bubbles. Home sold for $920,000 in June of 1989 and has a pending s[...] read more »
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The red queen race of debt – US public debt set to pass US annual GDP. The 100 percent GDP to public debt threshold i

People may not even realize that during the Great Depression, US Federal debt as a percent of GDP did not even reach 40 percent. Part of this was be[...] read more »
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Bank of America has $2.3 trillion in assets but $956 billion of that is made up in loans. Think those loans are valued

Bank of America has $2.3 trillion in assets but $956 billion of that is made up of loans (the vast majority of it being real estate loans). A simple[...] read more »
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The Muddle Years – Why the California economy is destined for years of slow growth and declining home values. 10 char

California now enters September with no budget in place and a $19 billion budget deficit. As we edge closer to issuing coveted IOUs, the spin cycle [...] read more »
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Japan Iwato and Heisei stock and housing bubbles – How the U.S. is following in the path of Japan. Real estate lost d

Is the U.S. on path to facing a Japan like economy after the Iwato and Heisei bubbles? After 3 years of crisis, indicators point to yes. read more »
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5 ways that Wall Street and the U.S. Government punish the American saver.

The only savers in the U.S. seem to be the investment banks. Four of the big banks on Wall Street turned out a perfect quarter as they have managed [...] read more »
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Not all is well on the housing front. Housing still too expensive for middle class Americans – 9 Years of Housing

With 7 million loans in foreclosure or 30+ days late, the housing market has a long way before recovering. 1 out of 4 mortgage holders in the U.S. i[...] read more »
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The Invisible Recovery – 40,000,000 Americans Receiving Food Stamp Assistance – Since 2000 23 Million Americans

The latest food stamp data for January of 2010 shows that 39,430,724 Americans are receiving food stamps or are part of the supplemental nutritional[...] read more »
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What does it mean to be Middle Class in 2010? – No College Degree, Massive Amounts of Debt, One Health Crisis from Ban

What does it mean to be Middle Class in 2010? – No College Degree, Massive Amounts of Debt. read more »
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The Big Change and Four Rules not learned from the Great Depression – Break up the Banks, Protect Workers, Use Stimulu

Four lessons from the Great Depression and ignored during this financial crisis: Breaking up the banks, protecting workers, putting money into job cr[...] read more »
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The Anti-Savings Model – Offer 0.1% APY on Savings Accounts and Charge 15% on Credit Cards. A System Designed to Puni

The Anti-Savings Model – Offer 0.1% APY on Savings Accounts and Charge 15% on Credit Cards. A System Designed to Punish Savers and Encourage Extravag[...] read more »
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631 Million Credit Cards for 113 Million Households – Credit Card Excess Contracting for First Time in 40 Years. How

631 Million Credit Cards for 113 Million Households – Credit Card Excess Contracting for First Time in 40 Years. How Plastic Hid Middle Class Financi[...] read more »
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The Financial Battle for the Middle Class – Underemployment at 20 Percent, 38 Million Americans on Food Stamps and Lit

Today, as talk of a recovery permeates the media outlets we have 38,000,000 Americans on food assistance and nearly 20 percent of Americans are regis[...] read more »
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Commercial Real Estate Collapse Bigger than Subprime Implosion – Why is the Market Ignoring the $3.5 Trillion Commerci

Why is there such little focus on the commercial real estate bust even though it is $3.5 trillion in loans and bigger than subprime? read more »
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Game Over for the American Middle Class – Inflation Adjusted Wages up 20 Percent in Last 20 Years While Housing Co

Game over for the middle class. Inflation adjusted wages up 20 percent in last 20 years while housing up 50 percent and healthcare up 155 percent. read more »
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