Deflation - Sell your home, etc. $$ $JPM $C $BAC Zombie Banks

Well, the title says it all. Sell your home, walk away from your home, banks will be walking away from homes as they go from assets to liabilities on balance sheets that still rely a lot on mark-to-whatever accounting.

JP Morgan, Citigroup, Bank of America --- Crap, Crap, Crap.

What's funny, is that all of this pales in comparison to the crap that is China. China is not the future, unfortunately. Thus, markets are overvalued. Hold onto your seatbelts, we are in for a bumpy ride.

My advice, learn from people that know more than you do, here's a good source, I've always been more of cliff notes.

http://boombustblog.com/reggie-middleton/2011/05/25/reggie-middletons-real-estate-recap-as-i-have-clearly-illustrated-its-a-real-estate-depression/

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