Saturday, August 31, 2013

(First World) Economic Collapse: Real Estate and Currency Bubbles are bursting!

I don't agree with most of the opinions, but the Data is definitely revealing! - Justin

Published on Aug 30, 2013 presents
John Rubino of joined us today. He sees that the real estate bubble, which looked like it was successfully re-inflated, has begun to deflate. Higher interest rates, a slowing economy, and other factors appear to be taking their toll. Currently, over half of real purchases taking place are for cash. This means that investors are the primary market and that the public is largely absent from the home market arena. Other disturbing trends are in place. War clouds are on the horizon and the developing economies are seeing hot money draining out of their economies. Where's the next black swan going to appear? Good question and no doubt the answer will present itself shortly.
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