• cbc58

    by Published on 03-31-2015 03:30 PM

    I have held the belief for sometime that the housing market is manipulated and we will see a drop in values when rates rise. Borrowers can simply afford less of a mortgage when rates go up, and with the strengthening dollar and creative destruction of jobs.. the housing market is fragile.

    On the flip side - if you follow Martin Armstrong at all, his models are predicting an implosion of the Euro and flight of capital to the US which could drive stock prices way up. If this is the case, what will happen to housing as money is trying to get into anything to protect itself? Wouldn't it also flow into housing to form a blow off top until the entire system implodes? And all this with a strengthening dollar.

    How do you judge the future based on the two opposing ...
    by Published on 10-18-2013 09:59 PM

    America has the world reserve currency. America cannot go bankrupt. Not as long as the Dollar remains the worlds reserve currency.
    Someone posted this statement on another message board. Is this true?

    The banking system (FED) is separate from the govt. - and is privately owned. "America" is in debt up to it's eyeballs and would be considered bankrupt under any normal accounting standards.

    Can you have the worlds reserve currency and go bankrupt? I can understand that it can happen the moment people refuse to acknowledge it as the reserve currency but up until that point...
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