Sunday , 18 April 2021

Tag Archives: shadow inventory

America's Future: Growing Deficit, Shrinking Economy, Imploding Dollar and Exploding Inflation

The new [debt ceiling deal] legislation will add $2.4 trillion to the $14.3 trillion national debt in a little over a year - and we don’t even start saving money until after the debt reaches $16.7 trillion! This bill doesn’t even cut the deficit. It just slows the growth of government spending to around 8% a year! So, even if Congress cuts $2.1 trillion out of the budget over the next 10 years, we will still be running annual deficits of more than $1 trillion...[That means that in addition to a deficit that will continue to grow we can look forward to a shrinking economy, an imploding U.S. dollar and exploding inflation. Some future! Let me explain.] Words: 827

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Forecast for House Prices is Horrific! Here’s Why (+2K Views)

As bad as the housing crisis has been over the past three years, it has only been a warm up to what we have headed our way... [In fact,] the forecast is horrific, to say the least!28% of US homeowners already owe more on their mortgage than their home is worth [and]... 27% of American homeowners are considering walking away from their mortgage...This is going to significantly drive home prices further down. [Let's look at the details.] Words: 657

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