Monday, July 21, 2008
Greed and the Aftermath!
H. L. Quist has written THE AFTERMATH OF GREED: GET READY FOR THE COMING INFLATIONARY BOOM, a history of real estate boom and bust cycles since 1974. Never before in American history have the Federal Reserve Bank of the United States, Wall Street investment bankers, money center banks, mortgage bankers and brokers, collectively referred to in this book as "The Merchants of Debt," created such a massive speculative bubble that has now imploded and endangers the financial security of millions of Americans. The author clearly articulates why the bust was predictable and preventable and despite a short recession, projects a possible real estate boom ahead.