Until The market starts tankingNope, the Fed has announced they're going to start tightening the money supply. They don't have a choice due to inflation.
They have no aces left up their sleeve
Until The market starts tankingNope, the Fed has announced they're going to start tightening the money supply. They don't have a choice due to inflation.
Mortgage rates are going to get a lot higher. Don't take my word for it, do your due diligence. People have gotten used to things being a certain way for a long time and fall into the trap of thinking it ill always be like this. That's certainly what was thought in 1929.Mortgage rates have been rising and so has Treasury yields.
And China will keep manipulating their currency so it stays low so dollar buys more.
It's all big Ponzi scheme
- Legendary UK investor Jeremy Grantham warned the US 'superbubble' that saw economic prosperity across all markets would soon pop
- The GMO co-founder said the market could lose $35 trillion in value once the Federal Reserve begins raising interest rates
Mortgage rates are going to get a lot higher. Don't take my word for it, do your due diligence. People have gotten used to things being a certain way for a long time and fall into the trap of thinking it ill always be like this. That's certainly what was thought in 1929.
They are literally damned if they do, damned if they don't. There should of been a substantial correction years ago if they let things run their natural course. But politics got in the way.Until The market starts tanking
They have no aces left up their sleeve
Like going back to Jimmy Carter's 18% mortgage rates.Mortgage rates are going to get a lot higher. Don't take my word for it, do your due diligence. People have gotten used to things being a certain way for a long time and fall into the trap of thinking it ill always be like this. That's certainly what was thought in 1929.
We had a nice correction in 2008 and 2009.They are literally damned if they do, damned if they don't. There should of been a substantial correction years ago if they let things run their natural course. But politics got in the way.
And 14% money marketsLike going back to Jimmy Carter's 18% mortgage rates.
A lot of people can't afford a $300k house now and if rates double, triple, or even more a lot more buyers will be shut out.
This one will be bigger.We had a nice correction in 2008 and 2009.
Houses are also way over priced right nowA lot of people can't afford a $300k house now and if rates double, triple, or even more a lot more buyers will be shut out.
So I should stock up on spam and toilet paper?This one will be bigger.
And when that happens, the community activists will be demanding that the gov't step in and make things affordable, again.A lot of people can't afford a $300k house now and if rates double, triple, or even more a lot more buyers will be shut out.
YesSo I should stock up on spam and toilet paper?
Seeds and T-paper.So I should stock up on spam and toilet paper?
I'm on it
The damn deer eat everythingSeeds and T-paper.
Grow your own food.
I can’t spare a squareI'm on it
No argument there. Thus the coming crash.Houses are also way over priced right now