yes, its amazing that $2.5 trillion in government and fed bailouts per year can keep us level.
you seem to think that $2.5 trillion can come from nowhere forever with no consequences.
i disagree.
however, i won't put a time on it as they can probably do this for a while longer.
but it will collapse with 100% certainty. when it does, be sure to reply to me and let me know you finally "got it."
btw, when people buy with debt, it is pulling demand forward.
do some research on debt - we are in the world's largest debt bubble in history. actually, the largest bubble of any kind in human history - and you still can't see it.
the system only works as long as society has to never has to pay back its debts.
the minute society starts paying back its debts in earnest, utter collapse will follow shortly thereafter.
unemployment up, interest rates up, food stamps up, incomes down, taxes up. bad credit skyrocketing, main street under severe pressure, gas up, food and commodities going parabolic - all excellent indicators of future house price appreciation from historical bubble levels.
right? |
