How do you think about America’s Economic at this time? Every day, we heard a lot bad news of economics. That’s very bad. Let’s review America’s Economics with me in this topic.

First I would like to share some information on the Internet

I don’t think the stimulus for increase Food Stamp benefit will help for the economic

Record 31.8 million on food stamps, Government shows increase of 700,000 food stamp recipients in a single month – http://money.cnn.com/2009/03/05/news/economy/foodstamps.reut/index.htm - Mar 05, 2009. Who spent money most in American? Rich people? Business’s Owner? Who has a job? Who is unemployment? Who live depend on government’s benefit? I don’t think the people who are unemployment or live depend on government’s benefit will spend a part of their benefit or spend all money they have. They have to save and save for a long term living. How can it help for US Economic?

I don’t hate the President Obama but I don’t like him either. Why? Because he often says a part of sentence. Example: “Yes, We Can Change”. My question is: “Is that a good changing or a bad changing?” No-one could know exactly the changing of American in the future?!

The House Market

1. One of another reason was come from the bank. They didn’t inspect house’s buyer application carefully. Zero percent down was OK. No credit was OK. No job was OK, too… How can buyers afford for the monthly payment. That’s so risky. Almost people want to buy a house. The increase of new houses weren’t adequate with the increase of buyers. The seller sold at the inflated. Consequences, a lot of foreclosure houses in cross country. Many banks get a lot of debt amount and they need a support from Government. http://money.cnn.com/2009/03/05/real_estate/cramdown.reut/index.htm

2. By Dec 08, 2008, how many percent house values were down cross America since in the middle of 2006 and 2008? Most of them came in California. The highest was -51.0% in San Joaquin County, CA; -49.4% in Monterey County, CA; - 45.2% Kern County, CA;… How many percent house values were down in Colorado since in the middle of 2006 and 2008? “The index showed a 13.8% decline in house prices for the full year 2008 and an overall decline of 19.1% since the market’s peak at the end of 2006. This after December 2008 posted continued declines of 1.1%.” http://www.pitchengine.com/integratedassetservices/latest-report-shows-us-house-prices-fell-138-in-2008/4351/. Please see my images attachment.

By my knowledge, a lot of Chinese investors who bought many house in California, especially in San Joaquin County, CA and some of counties. The American Government can’t let them take our money easily.

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House market is very important with economic for the country. It’s not only create a lot of jobs for the banks, but also for the real estates, constructions, appliances, furniture,… If the banks can’t sell a lot of houses, who brings the job for them?

Worst is yet to come http://quangkhoi.net/datacenter/index.php/200902195440/Thuong-Truong/Worst-Is-Yet-to-Come

War Time on Economic

We’re living in the War Time on Economic. The War Economic is between the United State and China plus some countries in the Middle East. We’re coming back to 1929 – 1930.

US economic crisis 1929 - 1930 - http://thehistorybox.com/ny_city/panics/panics_article1a.htm

Is today’s economic crisis another Great Depression? http://www.usatoday.com/money/economy/2008-11-03-economy-depression-recession_N.htm - Mar 11, 2008

At that time, the American Government wanted to push down Japan‘s Economic. A lot of Japanese investors invested on American Market. They lost a lot of money when American Economic was going down. Now a day, China wants to control the economic and they want to become a manufacture of all countries. In last several years, China has earned a lot of money from industrial. But now a day, they’re becoming illness in their economic.

Day by day, on America Market, at the Wall Street, Time Square a lot of investors from American and from foreign countries are lost a lot of money too.

If you go to the bank and want to borrow some money, you’ll have to pay some interest rate. But for the American Bond, the borrower doesn’t need to pay a full amount and without any interest rate. The borrower is American Government. How smart our government is? In November 2008, Asset Allocation Bond is 89.4% http://www.globefund.com/solutions/hancock/annuities/AmericanBondTrust.pdf

In my opinion, American Government’s strategy will get back our economic by 2012.

Worst is yet to come for job market - http://money.cnn.com/2009/03/05/news/economy/jobs_outlook/index.htm?postversion=2009030518 - Mar 05, 2009

I wish my opinion will be incorrectly and the America’s future will be brighter than now.