tag:blogger.com,1999:blog-4983334520933101277.post4474549299047847223..comments2024-02-16T06:29:33.587-08:00Comments on Welcome to " The Math UnderGround " -- Seattle & Washington State: NCLB to allow 5th year for graduationdan dempseyhttp://www.blogger.com/profile/15536720661510933983noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4983334520933101277.post-68193413113454255232009-04-16T18:28:00.000-07:002009-04-16T18:28:00.000-07:00Its a Ponzi scheme that will massively deflate our...Its a Ponzi scheme that will massively deflate our economy. While the US is printing excessive dollars, most dollars are flying overseas because they can't be spent here. There are not enough spenders or savers. The price of homes is dependent on the wealth of buyers. There are simply not enough of them to close the gap estimated for this year. About 3 million households are more than 3 months in arrears on their mortgage payment. States have no choice but to raise taxes or cut services. The next step is a bond market failure where sellers have no buyers and banks have not enough assets to leverage new loans.Anonymousnoreply@blogger.com