The real estate market had started to stabilize on signs that foreclosure inventory was decreasing but a rise in foreclosure starts suggests that a tidal wave of foreclosures is building, especially in states with a judicial foreclosure process.
Read More »U.S. Mortgage Crisis to get MUCH Worse in 2011 (+2K Views)
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
Read More »Those With Debts Will Go Broke in Coming Deflationary Depression – Here’s Why (+2K Views)
We have had massive monetary creation for decades now which we have finally come to the day of reckoning. We do not know if the top will be next month, next year or even later but we certainly are getting to the top where we cannot buy our way out of the problem through a new stimulus injection... The truth is that a terrible, deflationary depression is probably starting in the coming months. Words: 1581
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