Re: Re: Why the housing market cannot recover

#105984
peterhun
Participant

@logan wrote:

Direct and decisive action by EU governments to re capitalize banks may be crucial. The trouble is they cannot agree on anything meaningful.

The trouble is they cannot afford it. The problem with the banks is bigger than the income of the entire world.

You know its bad when people are cutting down on food, unlike all previous post war recessions

http://www.telegraph.co.uk/news/politics/8835345/Food-budgets-bear-brunt-of-unprecedented-fall-in-spending.html