What are Bernanke and Greenspan Telling You?

[Michael Rossi]

http://www.washingtontimes.com/news/2010/feb/25/bernanke-delivers-warning-on-us-debt/

I know, I know - I'm insane for thinking that the economy is a ponzi scheme and could (will) collapse. Of course, I'm starting to be in good company, now with Bernanke, Greenspan, Marc Faber, Bill Gross, Peter Schiff, Ron Paul, Judd Gregg, etc, etc, etc all basically coming to the same conclusion.

Notice that he said that fiscal affairs ARE THREATENING the outlook for recovery from recession - not that they COULD THREATEN?

How will this affect your real estate business?

[J Scott]

Originally posted by MikeOH:

How will this affect your real estate business?

For anyone who is just now starting to think about how the economic situation and outlook are affecting their real estate business (or any business, for that matter), it's probably WAY too late...

Anyone who didn't modify their business (or at least evaluate it to determine its sustainability) two, three or four years ago has probably already gone out of business or is getting close...

Which is probably why there are a lot fewer investors now than there were a couple years ago...most people aren't smart enough to re-evaluate their business in the face of changing economic circumstances. If they had, they'd be thriving as much now as they were then (as the rest are)...