This is certainly one of the most significant and telling charts of the last 15-20 years. The boom-bust of the housing market signals a change in the entire global economic system. Changes in the global economy always lead to significant political and cultural changes. Please be aware that now is the time to work for liberty, peace, sanity and prosperity. The more we work together - locally, regionally, nationally, globally - to instill proper values into our societies, the more positive change we will witness in the world. As Ghandi said, “Become the change you want to see in the world.” I pledge to my readers that I am an individual who seeks liberty, peace and prosperity and I will do so until my dying day. Peace.

Here is Doug Noland’s latest Credit Bubble Bulletin (always a great and enlightening read).

Filed under: Politics, Social Mood, Economics, Current Events