Here is your Crux AM update:
Staggering real estate collapse in Florida… houses down 59%
“The next wave of foreclosures is the higher priced, waterfront homes.”
The most popular investment of 2009
Hint… you've probably been buying it hand over fist lately.
Goldman: Commercial REITs going bust
The bank sees major earnings shrinkage and dividend cuts.
Blundering GM lost $30 billion in 2008... and it needs more of your money
The latest numbers are out… and they are gruesome. Let's allow this old rotted hulk to sink.
Your U.S. dollars will now buy a LOT more tequila and tacos than before
The Mexican peso is collapsing.
The three European countries at the greatest risk of disaster
An update on who's going down in Eastern Europe.
Corporate bonds the next "ugly bubble" to burst
Defaults will “far exceed anything we have seen for 30 plus years.”
Regards,
The Daily Crux
www.thedailycrux.com
Thursday, 26 February 2009
Posts
