TheBottomlineNow

Isn't this what's got us into trouble in the first place.  That someone would pay $750.000 for this house is insane.  Cali has always been it's own monster when it comes to real estate but that shoppers are not caring about the price can only mean loose funding and very lenient underwriting.  $750,000.00 at a minimum is $5000.00 to $7000.00 a month, based on your down payment.  20% of $750.000.00 is $150,000.00 to the bank off the rip putting the loan at 600,000.00 off the jump.  At a motgage payment of mimimum of $5000.00 a month, that would mean your debt to equity ratio would be at you making $20,000.00 a month (roughly $240,000.00 a year), and buddy your 7 year actuary run or odds of making that is at  7 to 3 or maybe as high as 8 to 2 that you will fail.  We really got to get a grip on these home prices.  On 750,000.00 dollars a year we're talking about 25,000 to 30,000 dollars a year and that really a lot of money that you could put to making some money over time

Now that the prices are rock bottom, look at who hurrying to buy thes properties.  #IJS

This clip was indicative of the past article.  What happens when this much money is impolded into a sleepy economy.  You know what happen?  People get sloppy (bankers) because they know they have a slush fund to cover their bad bets.  Politicians also work on this philosophy.  Now take the slush fund away and the cracks in that economy becomes hole that the normal citizens have no idea how to fill.  That when someone shows up and get the contracts to solve those economies issues.  #JustAThought #ImJustSayin #TheseGuysAreGood 

Come on everyone let's get this million........

This is a new age of money..... The rules of how money moves have changed and for those who cannot and will not adjust, you do this at the risk of your childrens future.  Money moves to fast for hard work to matter.(you gotta work smart)  Opportunities will be bought by those who can afford them and they will usually group in small networks of investors to take advantage of those opportunities.  Your understanding of the new culture of money is imparetive. #TheBottomline  

and maybe how you look at business strategies........

Everyday banking becomes more like a casino with some of these foreign banks.  This is like PBOC saying to all the other banks, "You crapped out and now you handle it."  As the rest of the worlds investor and financial businesses go WTF.  The worst thing for any economy is for the population to lose real confidence in their banking system (which in China is at a low level already.)  90% of china's economy is in underground banking and this not good for a country this size because when your population "aint got no skin in the game,"  they just become reactors to whatever's put out their.   #TheEconomyIsTheMuleAndTheRestIsCartAndCargo 

If you knew better, you will do better.......