The Soft Panic of 2009 Has Just Begun Posted April 3rd, 2009 by Bonhomme Richard
A Bigger Shoe to Drop
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Billionaire hedge fund investor George Soros sees it coming. He says, “CRE has not yet fallen in value. It is inevitable, it is written, everybody knows it, there are already some transactions which reflect and anticipate it, so we know, they will drop at least 30 percent.”
A CRE crash would require an additional $250 billion (or more) bailout from the government. That’s another big number that Congress is going to have to muster up the political will to pass. Or the Fed will just cover it. Either way, it’s an ugly scenario shaping up. And one industry (insurance companies) will likely pay a big price.
that's over and above the 500 Tons of the peoples Gold robbed from the central banks -
666 to give the people bigger massive tax burdens -
Stunning new evidence of manipulation in silver and gold has just been published by the Office of the Comptroller of the Currency (OCC), a bureau of the U.S. Treasury Department.
Alex Jones Show - Emanuel & Obama - Gun-Grabbing Crime Bosses Inc. 1 of 5 -
Christians don't ever participate in the 666elitez bolshevikz - evilz of banksterz satanz recessionz or depressionz - the 666 force down on us - let thydemonz be in their own 666firez - don't go in it -
Europe’s Answer to the Financial Crisis?: Bigger (bolshevikz 666)Government - (only bolshevikz are asked and only their opinonz in the mediaz)