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Non-Tech : Investing in Real Estate - Creative Opportunities
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To: sense who wrote (2646)5/2/2019 9:12:47 AM
From: E_K_S1 Recommendation

Recommended By
togrok

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Not to mention the huge unfunded liabilities for Federal Gov, State and municipalities. Many Trillions of dollars.

Also, Central Banks in a pickle w/ their Balance Sheet now around $4 Trln could go much higher if they do lower rates. Quality of those Fed assets really bad (2nd & 3rd tier junk mortgages from the 07-08 bailout). Interest on the U.S. debt getting to be at an unsustainable level especially out past 2024.

The only Black Swan solution I see is the elimination of the Fed maybe as a result of an audit and findings of 'fraud' which then a claim may/could be made that U.S. Fed debt is/was misrepresented and is not paid back. Making the way for a new $US Note backed by Gold and/or other U.S. domestic resources (ie hard assets, land, minerals). No more Federal Reserve Notes.

$US dollar crashes until transition to a U.S. backed Note is in place. This may/could result in huge inflation, uncertainty about the $US currency and significant disruption to the financial system.

If, U.S. economy continues strong w/ more domestic manufacturing, growing domestic energy production and continued high tech innovation, it is very possible that $US may/could leapfrog into the new currency of choice (w/o the Federal Reserve and/or Central Bank(s)). The free market forces may reward $US after this transition period.

Really do not see any other Exit path that has a somewhat positive outcome. Maybe five years at most to find some resolution to the huge debt and unfunded liability problems.

Just my opinion and speculation.

EKS
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