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U.S. Mortgage Crisis to get MUCH Worse in 2011

The so-called U.S. news outlets are again talking about a “bottom” in the U.S. housing market – and trying to entice more victims to jump in. However, the reality is that mortgage statistics show that the collapse in the U.S. real estate market will continue to get worse until at least 2011. Words: 492

September 17th, 2010 | Posted in Housing Prices/Foreclosures | Read More »

U.S. Between a Rock and a Hard Place and Its Options Are – At Best – Dire!

It would appear that the U.S. is in an untenable position – between a rock and a hard place – in an inescapable debt trap – where the options are, at best, dire – hyperinflation or a deflationary depression! It would seem that all we can do is ride out the storm in a boat laden with gold. Words: 2283

September 16th, 2010 | Posted in Debts/Deficits,Economy | Read More »

 

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  1. mygoldmygold: Wow…that’s a nice prediction…I don’t think we can predict 100% accurately...
  2. taluis: A punitive Sales or Capital Gains Tax on the sale of gold in an economic collapse (or similar situation) is...
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  5. Blindfolded Monkey: I don’t have quite the same negative view of Paul Krugman but I agree that it is clear that...
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