SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : US Inflation and What To Do About It
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Vosilla who wrote (1023)5/26/2019 4:20:01 PM
From: RetiredNow  Read Replies (1) of 1504
 
Talking about mortgages, did you know that mortgages just went negative in Denmark? You heard me right. Mortgage debt is now negative yielding, meaning borrowers against their homes will now be able to get PAID for borrowing before administrative fees. This is extraordinary. Up is down. The global financial system is heading towards a truly massive reckoning. We can take Weimar and chalk that up to an anthill next to the Mount Everest that is headed our way. I believe that you and I will see the entire western financial system implode in an unprecedented fashion, taking entire economies down with it, and reordering the entire global economic structure. New economic powerhouses will rise, including China to replace the bankrupt western countries, including the U.S. I have exactly zero idea how to ride this one out. Gold? It's manipulated. Crypto currencies? It's criminally controlled and full of ways to lose your retirement in. Foreign lands and currencies? There is no safer place than the U.S. and the U.S. is not safe. Really, we're the last place on earth that is safe from what is coming, but even hunkering down here in the US won't insulate you.

So we're all going to take our lumps. I'll keep searching, but I don't see a way out of this one. Many, if not most, people are going to lose their retirements in the next implosion.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News