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Like the illusion of Wall Street, with its vast and powerful investment banks, now shuttered, China too is an illusion perpetuated by the Globalists that gave us the 15,000 mile Caesar salad, poisoned cat food and lead based paint on babies' pacifiers. Like the illusion that money would come from thin air to always push housing prices higher, China has spent a generation pursuing its illusion. Pursuing an unattainable dream to be like the West, while 6000 years of its carefully shepherded top soil blows into the sea.

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Peakoil.com :: View topic - The new Hoovervilles
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The new Hoovervilles
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3rensho
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Joined: Apr 04, 2005
Posts: 86

PostPosted: Sun Mar 16, 2008 10:48 pm    Post subject: The new Hoovervilles Add User to Ignore List Reply with quote

http://www.youtube.com/watch?v=eBIJH6--vsM

This is a BBC Report on Californians now living in a tent city because they were evicted from their homes. I have left the link unedited so people can see exactly where they are being directed to (Youtube)

Very reminiscent of the the "Hoovervilles" of the 1930's.
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Novus
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Joined: Jun 21, 2005
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PostPosted: Sun Mar 16, 2008 11:09 pm    Post subject: Re: The new Hoovervilles Add User to Ignore List Reply with quote

At 1:10 into that video they interview I guy who just lost his home. There is monster SUV in the driveway...Priceless.
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IanC
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Joined: Jun 05, 2005
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Location: Portland Oregon, USA

PostPosted: Sun Mar 16, 2008 11:26 pm    Post subject: Re: The new Hoovervilles Add User to Ignore List Reply with quote

This is really sad. I'm afraid we'll see more of this in the future.

-IanC
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ozkrenske
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Joined: Oct 27, 2004
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Location: Queensland, Australia

PostPosted: Sun Mar 16, 2008 11:29 pm    Post subject: Re: The new Hoovervilles Add User to Ignore List Reply with quote

Well that is his old home so that's the new owners massive pickup. Mind you it is so large it wouldn't fit in the garage. Prime target for self conflagration when it's time for repo.
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heroineworshipper
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PostPosted: Sun Mar 16, 2008 11:46 pm    Post subject: Re: The new Hoovervilles Add User to Ignore List Reply with quote

The real story is loss of confidence in money. The foreign investors who kept lending money to keep us clothed suddenly wanted the houses back because their bonds became worthless. Rents went from $1700 to $3000 overnight. Housing prices are still going up in Silicon Valley but now foreign investors R buying all the real estate.
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Leanan
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PostPosted: Mon Mar 17, 2008 9:33 am    Post subject: Re: The new Hoovervilles Add User to Ignore List Reply with quote

The new Hoovervilles are known as "Shruburbs."

(Hat tip to Souperman at TOD.)
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aflurry
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PostPosted: Mon Mar 17, 2008 10:15 am    Post subject: Re: The new Hoovervilles Add User to Ignore List Reply with quote

Leanan wrote:
The new Hoovervilles are known as "Shruburbs."

(Hat tip to Souperman at TOD.)



nice.
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BigTex
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PostPosted: Mon Mar 17, 2008 10:49 am    Post subject: Re: The new Hoovervilles Add User to Ignore List Reply with quote

It's all just a clever plan to get rid of all those toxic FEMA trailers.

The new Hoovervilles will be strip-mall parking lots full of run-down RVs.

***

I watched that video. That's a little over the top, I think. They didn't say a word about what percentage of homeowners who had been foreclosed on were having to live like that.
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alecifel
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PostPosted: Mon Mar 17, 2008 1:08 pm    Post subject: Re: The new Hoovervilles Add User to Ignore List Reply with quote

Perhaps "Duburb" would be a more fitting term. Looks like a lot of these people don't even have shrubs.
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Nick J. Allen
Hilton, Oklahoma

"The Chinese have many hells. This one is the hell of valueless currency." -- J. Albertson
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BigTex
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PostPosted: Mon Mar 17, 2008 2:08 pm    Post subject: Re: The new Hoovervilles Add User to Ignore List Reply with quote

alecifel wrote:
Perhaps "Duburb" would be a more fitting term. Looks like a lot of these people don't even have shrubs.


How about the last 8 years have actually been an alternate ending to the Planet of the Apes movie and we will all be waking up to Al Gore being sworn in shortly.

Think about what a great peak oil president he would have been.

Even if you don't like him (which I don't particularly), he would have been about as good a head of state to try to come up with a strategic solution to peak oil as I can think of.

Before you poopoo it, just think about it for a second.

***

As for the suburban refugee camps, how about "Non-Negotiableville."
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alecifel
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PostPosted: Mon Mar 17, 2008 2:10 pm    Post subject: Re: The new Hoovervilles Add User to Ignore List Reply with quote

Oh, if only that were true!

Instead I think we're going to be looking back in another 8 years, shouting "Damn you all to hell!"
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Nick J. Allen
Hilton, Oklahoma

"The Chinese have many hells. This one is the hell of valueless currency." -- J. Albertson
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Cloud9
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Joined: Jul 26, 2006
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PostPosted: Mon Mar 17, 2008 2:56 pm    Post subject: Re: The new Hoovervilles Add User to Ignore List Reply with quote

Let's see where we are at the end of the next eight.
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Novus
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PostPosted: Mon Mar 17, 2008 2:57 pm    Post subject: Re: The new Hoovervilles Add User to Ignore List Reply with quote

Here is another Hooverville popping up. They say poor Americans figure they are just disgraced millionaires. This guy fits the bill to a tee.

CNN
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alecifel
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PostPosted: Mon Mar 17, 2008 3:08 pm    Post subject: Re: The new Hoovervilles Add User to Ignore List Reply with quote

The most absurd part of that video, is look at the objects they decided to take with them. The lawn around the thing is so littered with consumerist garbage, from a Faux Venus to the fireplace that now serves no function. There's probably a salad shooter taking up space in the pantry.

I lived for almost 2 years in a travel trailer half that size when I started homesteading my property, and never wasted an inch on trash like that. Kunstler would have a field day with these people.
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Nick J. Allen
Hilton, Oklahoma

"The Chinese have many hells. This one is the hell of valueless currency." -- J. Albertson
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lawnchair
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PostPosted: Mon Mar 17, 2008 3:17 pm    Post subject: Re: The new Hoovervilles Add User to Ignore List Reply with quote

alecifel wrote:
The most absurd part of that video, is look at the objects they decided to take with them. The lawn around the thing is so littered with consumerist garbage, from a Faux Venus to the fireplace that now serves no function.


The cargo cult is strong with these people.
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