In my opinion, a CAT 5 storm is heading this way........
and it's gaining strength, day by day.
A CAT 5 financial storm that is.
And, the Titanic is already taking on water.
It's almost time to man the lifeboats.
The timing of the direct hit is impossible to predict, but......
How long do you think people can survive with their empty houses for sale on the market for 9 months already? There's empty houses all around me. Things will start showing up in the numbers......inflation, unemployment, retail sales,.....all numbers. Folks are kidding themselves if they think everything is ok.
Now, builders are offering anywhere from 60k to 100k off new homes around here, undercutting and shafting the existing home owner.
I suspect, the way things are going.....this won't be a slow bleed type of event. I'm beginning to believe, this is going to be a "fall straight off a cliff" type of event.
The crooks usually want everyone leaning the wrong way before they pull the plug. I think that's what they're waiting for. Whether we're there yet or not, remains to be seen.
It's interesting to go back and read what the fed thought at the 2000 bubble top.
Be careful. ;-) |
