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Updated over 9 years ago,

User Stats

222
Posts
34
Votes
Neil G.
  • Investor
  • Socal
34
Votes |
222
Posts

Housing Bubble About to Burst AGAIN? [2008 Deja Vu]

Neil G.
  • Investor
  • Socal
Posted

does anyone refute the '7yr cycle'? (http://www.econmatters.com/2014/09/the-7-year-cycl...)

sure seems to be proving itself again. what i don't believe is just 'cyclical' is the tens of trillions of dollars in US debt yet critics arguing the US is 'still holding strong' when in federal reserve reality what was 1 dollar 100 yrs ago is now the same dollar at face value, but worth only 4 CENTS; it doesn't take a math genius to realize the dollar is already that inflated and just a few cents away from being virtually worthless (heck here in coastal socal i wouldnt be able to survive everyda housing/living expenses taxes fees etc on $100/day.. would you?)

how about the next housing crash, it's only a matter of time; might it be worse than the last?

http://wolfstreet.com/2015/06/21/housing-bubble-2-...

https://www.youtube.com/watch?v=jylLSFs0vc8

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