US Mortgage crash coming — here’s why!

This section is for general money matters, finance and investing.
Post Reply
Posts: 1994
Joined: June 3, 2007, 8:49 am

US Mortgage crash coming — here’s why!

Post by RLTrader » June 10, 2020, 12:43 pm

Mortgage crash coming — here’s why! (Full show)
Rick Sanchez discusses the unprecedented and rising level of household debt in the US. He points out that measures to mitigate the effects of debt and unemployment are only temporary solutions and that another economic crash may be inevitable. Then "Boom Bust" co-host Ben Swann and John Grace of Investor's Advantage Corp share their insights.
1st 11 mins ... heres-why/

User avatar
Posts: 2505
Joined: June 8, 2015, 11:45 am
Location: Nong Lat Udon

Re: US Mortgage crash coming — here’s why!

Post by AlexO » June 10, 2020, 2:37 pm

As with everything to do with RT there is a modicum of truth but they always seem to overstate the worst state scenario. There is no doubt the worlds economy is in poo and it may be time to tell the banks to shuffle off and cancel all National debts. Then try spending within income limits for the next couple of decades. Saddling the tax payer with these debt servicing costs for generations (never mind increasing them annually) is just nuts.

Post Reply

Return to “Money, Finance & Investing”