Housing Meltdown is Far From Over

From my studies and from what I know about economics and other related topics, I suspected that the truth about the housing and banking industries was not being publicized on the network news channels. It may be a good thing, as the public doesn't need to be stampeded into destructive herd behavior. But for the thinking person, you do want to know the truth about things so that you can form an effective strategy for protecting your wealth, and even prospering from the present conditions.

The fact of the matter is that we are nowhere close to a bottom in the real estate market! This is despite all of the 'feel good' rhetoric that is being reported in the mass media. This is just to keep the sheeple from getting disturbed from their comatose mental state. I think that we've already talked about how one of the main goals of the mass media is to narcotize the average person's mind, to keep them docile and compliant.

There are all sorts of things being done to keep the truth away from people. But the truth is self-evident, and will always make itself known and felt. It doesn't matter how many media pundits, advanced-degreed sycophants, industry mouthpieces, and talking heads make public pronouncements that "We are in a recovery." Propaganda and warm, fuzzy feelings do not affect hard economic realities.

The best thing to do is to embrace the truth, while stripping away your emotional reaction(s) to it. Remember that it isn't personal--only business. The world is not out to destroy you. Past actions of people have led us to this situation. It seems to repeat itself periodically throughout human history. The times & places change, but the market meltdowns remain the same. It must be human nature. Study the previous market meltdowns, and you'll learn what you can do to protect yourself and your wealth during this one. The old saying is that,"There is nothing new under the sun."

Check out the following video for your further edification of the statements above: