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joined 19 May 2010   United States   56 links   671 posts   978 comments   ban   befriend (8)   following 0   1 followers   follow Bubbabeefcake

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Bubbabeefcake's Posts

A triple-dip in home prices may be on the way
by Bubbabeefcake in #housing   28 comments, latest 5 years ago
Why would any one in their right mind impulsively purchase a depreciating asset Proving once again the old Chinese proverb, “Man who pick bottom ususally have sh*t on finger”….#housing...
Great Scott ! The Obama Flux Capacitor " But will it really work "?
by Bubbabeefcake in #politics   7 comments, latest 4 years ago
Home sales dropping
by Bubbabeefcake in #housing   56 comments, latest 5 years ago
For the third straight month, sales on preexisting homes dropped, leading realtors to call it a "buyer's market." Here are some strategies sellers are using to entice buyers: ■Dropping price...
Housing recovery in full bloom
by Bubbabeefcake in #housing   22 comments, latest 5 years ago
But things aren't looking that Rosie !...
Wealthy home sellers capitulate
by Bubbabeefcake in #housing   18 comments, latest 5 years ago
The propped up market has caused a reversed senario , it 's usually the expensive homes that drop first in a down market ... Well the leading indicator is finally...
The Housing Market "Recovery" Is A Complete Myth
by Bubbabeefcake in #housing   10 comments, latest 4 years ago
I primarily focus on the precious metals/mining stock sector. But since the mid-2000's, when the nature of the housing bubble was as obvious as was the internet/tech stock bubble...
by Bubbabeefcake   18 comments, latest 4 years ago
Ineptocracy: A system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves...
Housing Recovery Is A Sham
by Bubbabeefcake in #housing   6 comments, latest 3 years ago
Moore says banks and investors are propping up the recovery, not real buyers. Banks now own a large percentage of available homes for sale because of foreclosures and are...
Prepare For Tough Times If Your Job Has Anything To Do With Real Estate Or Mortg
by Bubbabeefcake in #housing   39 comments, latest 4 years ago
If you have a job that involves building homes, buying homes, selling homes or that is in any way related to the mortgage industry, you might want to start...
US entering a recession?
by Bubbabeefcake   16 comments, latest 3 years ago
Pro: Economy entering recession Tuesday, 20 May 2014 | 4:14 PM ET Douglas Borthwick, Chapdelaine and Company, explains why he believes the economy is entering a recession. "Shark Tank"...
Robots Replacing Warehouse Workers And Fast Food Employees
by Bubbabeefcake   177 comments, latest 3 years ago
If you stockpile the wrong foods, you could be setting your family up to starve. It sounds harsh, but the truth is too many people with good intentions are...
Bubble Inflating All Around Us-David Stockman
by Bubbabeefcake in #bubbles   Posted 4 years ago
When the Fed finally stops printing $85 billion a month . . . well have falling bond prices and rising yields, a crisis at the heart of the financial...
The Forecloser Wave That Wasn't
by Bubbabeefcake in #housing   2 comments, latest 5 years ago
It still may be a little early to pronounce the housing slump over. Almost a quarter of all U.S. homeowners with a mortgage owe more than their homes are...
If you tell a lie big enough and keep repeating it, people will eventually come
by Bubbabeefcake in #housing   8 comments, latest 5 years ago
Bottom line is that housing is not only NOT recovering, but the elitists in NYC and DC are putting their best spin possible on what is being reported. The truth...
Shadow Banking, Housing Inventory and Liabilities
by Bubbabeefcake in #housing   14 comments, latest 4 years ago
Denial doesn't change reality. It only cripples our response to reality. Psychologists and behavioral economists have found that we deceive ourselves (conceal the truth) to serve our own interests. Perhaps...
Cheap Mortgages Are Hiding the Truth About Home Prices
by Bubbabeefcake in #housing   7 comments, latest 4 years ago
Seems good, right? But that affordability is masking a problemhouses are overvalued. From 1988 through 1999, median home values averaged 2.6 times the median annual income. As the bubble...
The Dow Hits An All-Time High! Translation:
by Bubbabeefcake   3 comments, latest 4 years ago
The Dow Jones sits on a record high wall. The Dow could be in for a really great fall. All Bernanke's horses, and all Bernanke's men Won't be able to...
Hell,a chimpanzee could run this country and get 1% growth
by Bubbabeefcake   9 comments, latest 4 years ago
Real gross domestic product — the output of goods and services produced by labor and property located in the United States — increased at an annual rate of 0.4...
If You Don't Believe Me...
by Bubbabeefcake   Posted 4 years ago
While the Fed fiddles, Congress burns. Self-titled fiscal hawks like Paul D. Ryan, the chairman of the House Budget Committee, are terrified of telling the truth: that the 10-year...
The market farce is ending
by Bubbabeefcake in #housing   4 comments, latest 4 years ago
Over the last few months, policymakers have been feeding investors a lie.   The lie was that cheap money -- which was responsible for the dot-com bubble, the housing bubble,...

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