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Psychiatry and disease mongering: Road Rage Disorder is latest spontaneously "discovered" disease Mike Adams, the Health Ranger See article keywords and concepts

During the dot-com boom, the consensus hallucination was that PE ratios meant nothing, that the laws of economics had changed, and that everybody was going to get rich selling each other little scraps of paper with increasingly large numbers written on them. In the cheap-money housing boom right now, the consensus hallucination is that buying a home, no matter how high the price, is always a good investment because home prices will rise forever. They won't, of course. This boom will bust much like the dot-com boom.

Empower yourself in 3 minutes a day: An introduction to indy media, NewsTarget.com and the online information revolution Mike Adams, the Health Ranger See article keywords and concepts

Shaped news serves commercial interests at your expense It's why people believe they need new cars, homes and accessories they can't even afford, or why they fall for every financial scam that comes along, from the dot-com boom (and bust) to the current housing bubble that will inevitably burst and wipe out billions of dollars in real estate equity that people are banking on to support their spendy lifestyles.

Psychiatry and disease mongering: Road Rage Disorder is latest spontaneously "discovered" disease Mike Adams, the Health Ranger See article keywords and concepts

This boom will bust much like the dot-com boom. But that reality doesn't keep people from investing in the consensus hallucination. Modern psychiatric medicine is based almost entirely on the invention and marketing of consensus hallucinations. And as long as they can get away with it, there's no stopping the disease mongers from exploring even greater degrees of scientific fraud in their efforts to market drugs to people who don't need them.

Hoodia fraud: Counterfeit hoodia gordonii weight loss pills dominate the market Mike Adams, the Health Ranger See article keywords and concepts

You've seen the Enron scandals, you've seen WorldCom and you remember the dot-com boom and bust, which was a giant scam designed to exploit the savings of the American people. You've seen it all. You know there are operators out there who aren't honest. It's not limited to the hoodia industry by any means. This sort of dishonesty is rampant in the pharmaceutical industry and in the insurance industry, which is now up for major criminal charges thanks to investigations done by Eliot Spitzer, attorney general of New York.

Warning signs of the housing bubble crash (part two) Mike Adams, the Health Ranger See article keywords and concepts

It's going to be ugly because we may be left with what happened in the Bay area and Silicon Valley after the dot-com boom: Million-dollar condos were abandoned. Million-dollar homes were abandoned. The builders were going crazy, thinking they were going to get rich selling these half-million-dollar condos to software entrepreneurs, who thought they were getting rich, because on paper, they were worth $10 million because they owned stock in a company that was fueled by investor cash (but had no customers). It turned out the whole fiasco existed only on paper.

Nearly every financial expert I heard during the dot-com boom was advising people to keeping buying. When it started crashing, these same people were telling people to buy even more. So, I don't trust many financial advisers. I've tried to explain some of these concepts to financial advisers, and they just look at me with glassy eyes, and tell me, "Too many numbers." Too many numbers? These are simple concepts. Explained: Fictional stock market wealth For example, let's say five people each own one share of a company that has only five shares. Let's say each share is worth $10.

This is what happened during the dot-com boom, except that larger sums of money were involved. What does all this have to do with home loans? Banks loan money to people based on their individual assets, and those assets include fictional wealth that only exists as numbers on paper (or bytes in a computer database, actually). And these numbers can be easily distorted by irrational buyers who overpay. As a result, many banks are making home loans using little more than thin air as the assets backing the loans. This is how a real estate bubble happens at the same time as a stock market bubble.

They are headed to the slaughter, just like they did in the dot-com boom. People were led right into a financial slaughter, and they got taken, too. Their life savings were taken away virtually overnight. Don't let it happen to you. Here's one more thing: what if I'm completely wrong about the timing on this? What if it takes five years for prices to correct rather than five months? My answer is simply this: it's better to be out sooner rather than later. It's better to miss out on some gain (opportunity cost) than lose your life savings in a real estate crash.

Don't get caught in the housing bubble crash (part one) Mike Adams, the Health Ranger See article keywords and concepts

That was pretty much what was going on during the dot-com boom. People didn't want to hear the truth All this time, I said, "It's going to crash." I was about three years early on the warnings. Some people at the time said I was completely nuts. They said I was a doomsayer. I was a doom and gloom person because I predicted the stock market would return to normal. They said, "You know, you're ruining the whole thing, Mike. You're such a pessimist. Why don't you have some optimism in this country? Why don't you talk about everybody getting rich, instead of the stock market crashing?

Worldchanging: A User's Guide for the 21st Century Alex Steffen See book keywords and concepts

Knowing What's Green DNA Computers Silicon Valley, the California epicenter of the dot-com boom, was named for the material that engineers use to create microprocessors, the mechanisms that made the boom possible. But just as the dot-com era saw an eventual decline, so silicon may approach its limits in satisfying the ever-increasing demand for speed in computer processing. Can anything outrace silicon and endure rising expectations for performance? Believe it or not, our own DNA proves to be a more viable competitor than silicon.

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ABOUT THE CREATOR OF NATURALPEDIA: Mike Adams, the creator of this NaturalNews Naturalpedia, is the editor of NaturalNews.com, the internet's top natural health news site, creator of the Honest Food Guide (www.HonestFoodGuide.org), a free downloadable consumer food guide based on natural health principles, author of Grocery Warning, The 7 Laws of Nutrition, Natural Health Solutions, and many other books available at www.TruthPublishing.com, creator of the earth-friendly EcoLEDs company (www.EcoLEDs.com) that manufactures energy-efficient LED lighting products, founder of Arial Software (www.ArialSoftware.com), a permission e-mail technology company, creator of the CounterThink Cartoon series (www.NaturalNews.com/index-cartoons.html) and author of over 1,500 articles, interviews, special reports and reference guides available at www.NaturalNews.com. Adams' personal philosophy and health statistics are available at www.HealthRanger.org.