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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated
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To: TH who wrote (45364)10/14/2011 11:30:00 AM
From: Mike Johnston1 Recommendation  Read Replies (7) of 119362
 
Widespread social unrest involving tens of millions of people would occur in the final stages of hyperinflation, as millions of people become totally destitute. It could also occur in severe deflationary depression.

I read that in Germany in 1920's most people were renters, so they not only were wiped out but became homeless overnight. In US most people are homeowners, so things would not get as bad as in Germany in 1923.

IMO 9% unemployment rate is too low for widespread unrest. But if it gets to 20-25% then it is a different story.

There are millions of people out there who do not even have an idea what is Goldman Sachs.
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