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peterb
ParticipantYou should give this a quick read:
http://www.pcasd.com/the_impact_of_negative_real_interest_ratesRich is a pretty sharp guy and what he’s saying is being said by other insightful people like Chris Puplava, Marc Faber and Jim Rogers. Of course, CNBC and other’s arent in agreement, yet.
Check out Mr Mortgage’s recent post!We’re in a bull market for commodities that has 5 years left in it. Real estate just went through a historical bubble and is firmly entrenched in a deflationary cycle. Unemployment is rising while credit is constricting. These trends show no signs of stabilizing, let alone reversing.
In 1907 Wall Street went completely bankrupt. We survived.
peterb
ParticipantYou should give this a quick read:
http://www.pcasd.com/the_impact_of_negative_real_interest_ratesRich is a pretty sharp guy and what he’s saying is being said by other insightful people like Chris Puplava, Marc Faber and Jim Rogers. Of course, CNBC and other’s arent in agreement, yet.
Check out Mr Mortgage’s recent post!We’re in a bull market for commodities that has 5 years left in it. Real estate just went through a historical bubble and is firmly entrenched in a deflationary cycle. Unemployment is rising while credit is constricting. These trends show no signs of stabilizing, let alone reversing.
In 1907 Wall Street went completely bankrupt. We survived.
peterb
ParticipantYou should give this a quick read:
http://www.pcasd.com/the_impact_of_negative_real_interest_ratesRich is a pretty sharp guy and what he’s saying is being said by other insightful people like Chris Puplava, Marc Faber and Jim Rogers. Of course, CNBC and other’s arent in agreement, yet.
Check out Mr Mortgage’s recent post!We’re in a bull market for commodities that has 5 years left in it. Real estate just went through a historical bubble and is firmly entrenched in a deflationary cycle. Unemployment is rising while credit is constricting. These trends show no signs of stabilizing, let alone reversing.
In 1907 Wall Street went completely bankrupt. We survived.
peterb
ParticipantYou should give this a quick read:
http://www.pcasd.com/the_impact_of_negative_real_interest_ratesRich is a pretty sharp guy and what he’s saying is being said by other insightful people like Chris Puplava, Marc Faber and Jim Rogers. Of course, CNBC and other’s arent in agreement, yet.
Check out Mr Mortgage’s recent post!We’re in a bull market for commodities that has 5 years left in it. Real estate just went through a historical bubble and is firmly entrenched in a deflationary cycle. Unemployment is rising while credit is constricting. These trends show no signs of stabilizing, let alone reversing.
In 1907 Wall Street went completely bankrupt. We survived.
peterb
Participantthe Asians own way too much GSE debt for the Fed to let them implode. Shareholders will be killed, but the debt will be serviced to keep our biggest lenders happy or at least not pissed-off at us.
peterb
Participantthe Asians own way too much GSE debt for the Fed to let them implode. Shareholders will be killed, but the debt will be serviced to keep our biggest lenders happy or at least not pissed-off at us.
peterb
Participantthe Asians own way too much GSE debt for the Fed to let them implode. Shareholders will be killed, but the debt will be serviced to keep our biggest lenders happy or at least not pissed-off at us.
peterb
Participantthe Asians own way too much GSE debt for the Fed to let them implode. Shareholders will be killed, but the debt will be serviced to keep our biggest lenders happy or at least not pissed-off at us.
peterb
Participantthe Asians own way too much GSE debt for the Fed to let them implode. Shareholders will be killed, but the debt will be serviced to keep our biggest lenders happy or at least not pissed-off at us.
peterb
ParticipantThat’s deflation at work. I think people forget after a big boom like we’ve recently had here in CA, that the market determines the price, not costs. Once a product is on the market, cost is not really that relevant. I’ve bought many things in my life below production costs. Of course, what this does is highly disuade the producers from making any new product when they see that current market prices are below their ability to produce at cost. And I think this is why we will see a lot of home builders going bye-bye in the next two years. Again, count how many were around in 1988 and then again in 1996. And that down cycle was a joke to what we’re seeing now.
peterb
ParticipantThat’s deflation at work. I think people forget after a big boom like we’ve recently had here in CA, that the market determines the price, not costs. Once a product is on the market, cost is not really that relevant. I’ve bought many things in my life below production costs. Of course, what this does is highly disuade the producers from making any new product when they see that current market prices are below their ability to produce at cost. And I think this is why we will see a lot of home builders going bye-bye in the next two years. Again, count how many were around in 1988 and then again in 1996. And that down cycle was a joke to what we’re seeing now.
peterb
ParticipantThat’s deflation at work. I think people forget after a big boom like we’ve recently had here in CA, that the market determines the price, not costs. Once a product is on the market, cost is not really that relevant. I’ve bought many things in my life below production costs. Of course, what this does is highly disuade the producers from making any new product when they see that current market prices are below their ability to produce at cost. And I think this is why we will see a lot of home builders going bye-bye in the next two years. Again, count how many were around in 1988 and then again in 1996. And that down cycle was a joke to what we’re seeing now.
peterb
ParticipantThat’s deflation at work. I think people forget after a big boom like we’ve recently had here in CA, that the market determines the price, not costs. Once a product is on the market, cost is not really that relevant. I’ve bought many things in my life below production costs. Of course, what this does is highly disuade the producers from making any new product when they see that current market prices are below their ability to produce at cost. And I think this is why we will see a lot of home builders going bye-bye in the next two years. Again, count how many were around in 1988 and then again in 1996. And that down cycle was a joke to what we’re seeing now.
peterb
ParticipantThat’s deflation at work. I think people forget after a big boom like we’ve recently had here in CA, that the market determines the price, not costs. Once a product is on the market, cost is not really that relevant. I’ve bought many things in my life below production costs. Of course, what this does is highly disuade the producers from making any new product when they see that current market prices are below their ability to produce at cost. And I think this is why we will see a lot of home builders going bye-bye in the next two years. Again, count how many were around in 1988 and then again in 1996. And that down cycle was a joke to what we’re seeing now.
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