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To: Kaslin

Housing was in abubble. It is now at a reasonable level. People leveraged their overvalued houses to buy cheap trinkets manufactured by outsourced Chinese slave labor at Wal-Mart. Now the trinkets are in the land fill and the money and equity spent. And everyone wonders where the recovery is.


3 posted on 04/20/2012 4:38:49 AM PDT by central_va ( I won't be reconstructed and I do not give a damn.)
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To: central_va
People leveraged their homes in order to buy at WalMart?

You're a genius.

36 posted on 04/20/2012 7:24:12 AM PDT by metesky (My retirement fund is holding steady @ $.05 a can.)
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