Comments on: Suburb Cat Thousandaire: How Americans Lost a Decade of Wealth through Debt and Listening to the Banking and Housing Industry. http://www.mybudget360.com/americans-lost-a-decade-of-wealth-through-debt-and-listening-to-the-banking-and-housing-industry/ Investing ideas for preserving wealth in a fluctuating market. Thu, 29 Jul 2010 14:34:27 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Lawn Care Tips http://www.mybudget360.com/americans-lost-a-decade-of-wealth-through-debt-and-listening-to-the-banking-and-housing-industry/comment-page-1/#comment-9009 Lawn Care Tips Mon, 08 Jun 2009 18:06:25 +0000 http://www.mybudget360.com/?p=545#comment-9009 When the interest rates were lowered, mortgages were given out to people that shouldn't have gotten them. They did not have the ability to pay them back. The government did regulate the banks for nearly a decade now. As unemployment and consumer spending drops, the market reflects this. Profits drive the market in the long run, so when there are less profits in companies, there is less of a reason for investors to pump capital into these companies, especially certain bank shares. When the interest rates were lowered, mortgages were given out to people that shouldn’t have gotten them. They did not have the ability to pay them back. The government did regulate the banks for nearly a decade now. As unemployment and consumer spending drops, the market reflects this. Profits drive the market in the long run, so when there are less profits in companies, there is less of a reason for investors to pump capital into these companies, especially certain bank shares.

]]> By: Jim Robinson http://www.mybudget360.com/americans-lost-a-decade-of-wealth-through-debt-and-listening-to-the-banking-and-housing-industry/comment-page-1/#comment-3864 Jim Robinson Tue, 17 Feb 2009 19:49:24 +0000 http://www.mybudget360.com/?p=545#comment-3864 These people crying in there beer! should have bought less champaign and more beer, they did it to them self. Just because you can get a 0 down loan dose not mean you should! These people crying in there beer!
should have bought less champaign and more beer,
they did it to them self. Just because you can get a 0 down loan
dose not mean you should!

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