Loading ...“The older people that DO own real estate or shares, don’t really need anything to spend money on. Re the excess growth in real estate or shares, money supply? Those owners if they see price drops in stocks and real estate, and start cashing out, the only places would be sweep funds into U.S. treasuries and or gold and silver. The 401 k plans? I don’t what they would do. Bonds?”
Agree 100% with this comment. Real estate is already in a price decline and this is just the beginning. I think big socialist states like CA. will see 50% or more declines in R.E., I’ve seen it before. Stocks – maybe, we’ll see. Trump is smart to start calling out the Fed to apply blame when we get a real downturn.
At least when the SHTF – artificially created by the Money Masters – the FED has room to cut rates in the U.S. – Europe is already at zero, where do they cut, negative?