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We cannot get this economy going until the banksters allow real estate to deflate at least 60% down to real value so that people can afford homes. Lowering interest rates does nothing if homes are overpriced. Homes must drop another 60% and this will ignite buying and stimulate industries tied to the real estate market. If we don't allow Deflation, nobody will spend. Everyone will wait for prices to drop. We need to let prices fall now!
Posted on November 13, 2010
Shaun Pehrson says...
The Phoenix area has the second highest kidnapping numbers in the world.
