02 Aug
Posted by philmitsch as Barack Obama Tip Of The Day, Ben Bernanke Tip Of The Day, Economy Tip Of The Day, John McCain Tip Of The Day, Timothy Geithner Tip Of The Day
Ben Bernanke’s Secret Debt Solution Plan Will Not Work !
Ben Bernanke’s new secret Debt Solution Plan will be no more effective in getting the U.S. real estate market and overall economy back on positive tracks than taking 1 drop of red ink and placing it in either the blue Atlantic or Pacific oceans and expecting all oceans of the world to turn red. It is simply impossible as a classic song and artist have taught us.
The main reason why his Plan will not work is because it does not solve America’s #1 Financial Problem. Do you know what America’s #1 Financial Problem is ?
I will give you the answer in another post soon.
Until America’s #1 Financial Problem is solved the U.S. real estate market and overall economy will tragically continue to deteriorate both very badly and very quickly. This deterioration will lead to millions more Americans becoming victims of real Depressions and not Recessions.
Why Depressions and not Recessions ? Because the current U.S. Financial Crisis, which in many ways is already much worse than the First Great Depression even though the government will not admit it, is totally devastating millions of Americans and their businesses both financially and psychologically everyday. That’s why !
The Solution To Ending U.S. Financial Crisis
Always remember the U.S. real estate market and overall economic financial crisis can be solved very quickly and very successfully. How ? If and only if the government of the United States creates, adopts and implements the right types of emergency and radical legislation.
Thus far they have not even hit the wall that the Financial Crisis Solution Dart Board is on. And at the rate they are going ,unless they get professional help from people like myself who know what needs to be done, they have two chances of hitting it.
Not slim and none but rather none and never.
Respectfully
Phil Mitsch
philmitschuniversity.com
856 – 783 – 1302
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