Mar 6 2011

Financial dismantling of the American middle class in 8 charts – Peak debt, credit card addiction withdrawal, banks hoarding cash, financial sector dominance in pay, Federal debt will never be paid off, and struggles of the middle class.

The American economy runs on high octane debt.  Debt has been welcomed by many with open arms and things seemed to be going well until people realized they actually had to pay the debt back.  Average Americans trying to keep up with the picket white fence image of Leave it to Beaver were largely relying […]

Mar 3 2011

Phoenix real estate breaks a record with 50 percent of all home sales coming from all cash investors. Locals barely can buy with FHA insured loans. Can a desert market dependent on cheap oil and survive in the $100+ a barrel world?

The Phoenix real estate market is a fascinating case examination of an area guided by FHA loans for first time buyers and all cash investors purchasing 50 percent of properties.  In January of 2011, the latest month of stunning data, 1 out of every 2 homes sold went to an all cash buyer.  We are […]

Mar 1 2011

The big financial lie – How growing income inequality, too big to fail banks, and stock market delusion swindled the American public and dissolved the middle class.

The American banking system has spread systemic risk all across the economy with laser point precision but very few are even aware of this grim reality.  It would seem that only those who understand the system from the cavernous inside and have little to lose can actually speak out against the system as they see […]

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