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What is happening out there in these markets?

By
Real Estate Sales Representative with Bienvenidos Real Estate BCREL# 107678

How is everyone being affected by the criminal activity that has occurred in the US? It just amazes me that a country as great as the US and its people, can permit this kind of criminal activity to go on. When are the people going to take back their country? The elections are coming to a close and there is an opportunity to get some new blood on the front lines but is that really going to make a difference in the underlying sickness that permeates North American society.

We have had a good run here in Canada  but we are all now paying for the excesses and greed. Have we lost our way, where money has become the only true god.

As realtors we interact with many people on a daily basis and we have our fingers on the pulse of their feelings, fears and anxieties. What are your clients telling you? People now have an opportunity to pull together and demand change and accountibility. Will they do it? It will be very interesting to see what the next year will bring in the history of the world. I for one will be anxiously awaiting the outcome

Russel Ray, San Diego Business & Marketing Consultant & Photographer
Russel Ray - San Diego State University, CA

As the world's economies become even more interconnected, it's only going to get worse, especially for small countries population wise that don't have oil money or can't compete with the developing economies of a China.

Even though the U.S. still has some clout, what's gone on in the past eight years under the current administration has pretty well destroyed our standing in the world, so much so that the country of Iceland, facing bankruptcy, didn't turn to the U.S. for a $4 billion bail-out. A mere $4 billion! Instead, they turned to Russia. Russia! Yes, Russia!.

If we don't get together with Canada, Mexico, and the countries in Central America and South America to create an American Union, we're going to be left in the dust by the European Union, China, Japan, and OPEC. With $10 trillion in debt, eventually some rich country is going to call our debt due because it's too large. At that point, we'll be facing federal bankruptcy. Perhaps Saudi Arabia will come to bail us out. We could become a fiefdom to their kingdom and have that religious theocracy that so many religious pundits push so hard for. Ooooooops. I guess it would be an Islam theocracy instead of the Christian theocracy they were hoping for. Oh, well.

Oct 19, 2008 04:52 AM