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Minos

Bernanke Warned By Real Estate Analysts

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May 22, 2007 (EIRNS)—A real estate investment and analysis firm, John Burns Real Estate Consulting, said on May 21 that it is "going public with our concerns" that the national sales information for both new and existing homes, is misleading and covering up a deep plunge of the housing sector. "The housing market has softened much more than is being reported" by the Fed, and the National Association of Realtors (NAR), says JBREC

spin - us style - it's the huge global con to keep the system from collapsing

tbh do we want it to? - housing will be the least of our worries if it does...

Edited by dnd

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Bernanke Warned By Real Estate Analysts, Housing Collapse Is Much Worse Than You Say

Not to worry, the bulls on here say it's not as bad as it looks in the US. So no need to worry Ben.

You know, the bulls that live in Cleethorpes, Tunbridge Wells and Aberdeen and really have their fingers on the pulse of the US housing market.

Ole! :P

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Bernanke Warned by Real Estate Analysts

Interest rate cuts on the way ?

LaRouche?

What about Jeremiah Duggan?

People ought to be careful of the far-right/'liberaltarian' agenda being pushed on sites like this.

The Schiller Institute....one of the primary organizations in the LaRouche movement....been described by the London Metropolitan Police as a "political cult with sinister and dangerous connections."

Check your sources, people.

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Guest Bart of Darkness
been described by the London Metropolitan Police as a "political cult with sinister and dangerous connections."

Sounds like a description of NuLabour.

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Bernanke Warned by Real Estate Analysts

Interest rate cuts on the way ?

I know people do not have much time for conspiracy theories but this is a significant article, but over the last few months the DOW has been driven much higher by the NRA building stats, each time being reported as "unexpected rise" beating analysis expectation.

This coupled with strange knee jerk reactions every time the DOW makes a subordinate attempt to drop but no knee jerk reaction after a strong rise (see image from yesterday after Greenspans comments). Very strange things are happening and the DOW is clearly the only thing holding the American economy together (consumer confidence has risen due to the DOW going up) you can understand the need to keep things going by what every means. It just amazes me the investor can't see through this.

DOW.jpg

post-6129-1179991029_thumb.jpg

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