Information on this site just has confirmed I’m making the best decision now my house in Inglewood is worth $200,000 less than what I paid for it and continuing to slide. I appreciate the information I just wish more people would listen, but you can’t save everyone from themselves. I’m just happy I seen the light and am no longer depressed about being in a mountain of debt with no light at the end of the tunnnel. I feel like such a fool that I even bought into this whole mess. Now I realize I’m not alone, but among my friends I am the only person making an exit from this bad investment. My friends think the market is going to back to normal in 5 years and I’m the crazy person. But I will settle for being alone in my happiness of not throwing money down the toilet.

Haha; another conclusion on the part of an edu-maton. So many factors were so completely different then vs. now that such a conclusion is invalid. FWIW, in terms of money itself, the US had a swiftly-administered type of “inflation” with respect to the then-foundational underpinning of US currency when FDR outlawed most forms of private gold ownership in 1933, called a bank holiday, and then revalued gold from $20.00/oz to $35.00/oz with a stroke of the pen.

Those who rely upon textbooks, professors, and the so-called “education” obtained thereby cannot see the forest for the trees. They’ll be stuck in the inflation vs. deflation debate, on one side or the other, relying upon their textbook definitions and Certificates of Indoctrination (i.e., college degrees – yeah, I have a few of them, too, and they don’t mean jack when it comes to street smarts) to “explain” things. All “explanations” rely upon mental models, which remain valid only within limited boundary conditions, and which progressively become less useful and eventually break down once boundary conditions are violated.

As a result, the edu-matons, as well as their “teachers,” will be unable to comprehend episodes of simultaneous “bothflation,” which will affect particular types of asset, currency, and goods classes differently in a quasi-synchronous manner, and which will lead to a currency crisis that unfolds right under their noses. The next 7 – 10 years shall give their zero-common-sense high-IQ’s a good enema or three.

Ah, edu-matons…”What you often find is that intellectuals are the most indoctrinated part of the population…First, as the literate part of the population, they are the ones most susceptible to propaganda. Second, they are the ideological managers, so they have to internalize propaganda. They have to believe it.” Noam Chomsky interview, “Noam is an Island “ – Mother Jones, Oct. 1988.

Chomsky unfortunately cannot perceive his own self-indoctrination; he and the multitudes of today’s edu-matons should perhaps defer to Jacques Ellul for a bit of insight.