The SLOWDOWN is here. Recession is here. Just wait until the stock market drops another 40-50%.
The Reverse Wealth Effect is in full motion.
We should start to see Unemployment and Companies going bankrupt or acquisitions begin to ramp up every few weeks.
Housing crash should be much worse than 2008 and take 2x-4x longer to recover, but prices are so high that I think recovery is an after thought and an illusion. Watch the panic when these “adjustable mortgage rates” that some people acquired go through the roof.
I hope people have been listening over the past 18 months as everything I said that ‘was coming’ is now here.
Foreclosure filings are up 132% from a year prior.