The banks have been our enablers, the below-inflation interest rates have made a joke out of saving and the day of reckoning is fast approaching.
This Guy Gets It – “These Values Are Artificial” – Joseph Barbuto on ‘The
Really Big Show’
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RE Bubbles; Record debt; About 50% overpriced; Collapse inevitable; Return
to 2-4x income; Bail-outs essentially impossible… Interview with Joseph
Barbuto ...
1 week ago
Carney et Sachs though they could just pass it on to the next and future generations. They should have made a shoulder check instead. The snowball is rolling down the hill, and it is getting bigger and bigger. Banker et Sachs are losing control.
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