Three Emerging Trends of a Depressed Economy: Pundits Screaming for Economic Socialism, People Going Back to College, and 99 Cent Stores Taste Inflation.
You would think that given the magnitude and sheer size of the Fannie Mae and Freddie Mac bailout that Americans would at least be more curious about the formula as to how this thing is going to unfold. [Cue the Crickets]. Instead, the public is focused on the “shiny things” once again like someone suffering from ADHD and needs to have new stimulus every minute. I felt this way watching CNBC this week. They have so many tickers, popping out yellow/red graphics, and special sound effects that you feel like you’re playing some kind of Wii game and if you take your eyes off the screen for one second a tennis ball is going to fly through and knock you out. Such is the world we live in today that even the “premiere” business station is more like an Ultimate Fighting Championship match.
To a certain extent it is necessary to […]
Original post by drhousingbubble
