The Real Cost Of Debt: Student Loan Debt Is Impacting The Entire Economy
The coming financial crisis will be hard on people deeply indebted, but student debt is already dragging down the nation as a whole. Here’s how…
Continue readinghousing market bubble
CREDIT EXHAUSTION: The Coming Crisis The Fed Can’t Fix
Thus will end the central banks’ bombastic hubris and the public’s faith in central banks’ godlike powers…
Continue readingHere’s Exactly How The Housing & Stock Markets Will Die And How Gold & Silver Spring Back To Life
SD MIdweek Update: Here’s how the housing market, stock market, & entire financial system will die, and why gold & silver will spring back to life…
Continue readingNYC Home Sellers Are Slashing Prices “Like It’s 2009”
The New York City real estate market is now officially crumbling as sellers are slashing prices. Here are the details…
Continue readingDeutsche Bank Is Big Enough That A Collapse Could Bring Down The Entire Economy
Wolf Richter looks at the systemic risks in the banking system both home and abroad. Here’s what he’s found…
Continue readingFund Manager: No, The Falling Housing Market Isn’t About ‘Tight Inventory’
Dave Kranzler blows the claims that a falling housing market is due to tight inventory out of the water with solid evidence and facts…
Continue readingDeath Of The Great Housing Recovery: Housing Collapse 2.0 Has Begun
“all part of the developing Epocalypse in which multiple industries collapse into the final depths of the Great Recession as the fake recovery…”
Continue readingWill The Surging Price Of Lumber Be The Pin That Pops The Housing Market Bubble?
Steve St. Angelo says the all-time record high lumber price hasn’t phased the housing market one bit. But it will matter. Here’s why…
Continue readingFund Manager: Subprime Mortgages Are Back Just Like A Dog Returns To Its Vomit
Dave Kranzler says “mortgages now offered by the Federal Government are beginning to look and smell like the same sub-prime sewage that…”
Continue readingTexas Realtor: The Fed Has Successfully DESTROYED The U.S. Housing Market
It’s not often someone publicly calls their own industry “destroyed”, but today we get just that. Here’s just how destroyed the market has become…
Continue readingSilver Tags A 16-Handle Just As Expected And That Can Only Mean One Thing (Or Two)
SD Markets Outlook: If we’re on the verge of a new trading range, like the one we just got out of, it’s not going to be fun. Here’s why…
Continue readingReal Estate & Banking Pressures Are Building As The Fed Pushes The Envelope
Chris Vermeulen “says the combination of these factors, as well as relatively narrow wage growth, are pushing many borrowers over a financial cliff.”
Continue readingHousing Market Storm Forming: Spiking Mortgage Rates, High Home Prices and A New Tax Law
“If the Fed raises rates four times this year, and if the yield curve steepens even a little…that would mark the real pain threshold for the housing market.”
Continue readingSimon Black: “The Craziest Mortgage Scheme I’ve EVER Seen”
The tricks may have changed, but it’s looking more and more like the last housing crisis…
Continue readingCharles Hugh Smith: Financialization Is The Problem We Face
Charles Hugh Smith discusses the reason why wages have not kept pace with the broader economy. In fact, the standard of living for most Americans keeps getting worse. Here’s why…
Continue readingFund Manager: Government Programs Have Replaced The Exotic Programs
Dave Kranzler takes a dive into the latest housing market data, and what he finds is a peak housing bubble and 2008 deja vu all over again. This time it’s not […]
Continue readingU.S. Recession Watch: Housing Horrors And Consumer Confidence Carnage
Just as The Fed Offensive is in full force today, we see that the “economic recovery” illusion is becoming harder to maintain in the face of constantly bad data. Here’s two reports […]
Continue readingCharles Hugh Smith Says “Look Out Below” with Housing Bubble
Charles Hugh Smith says the housing market is close to a collapse in demand. The latest expansion is so symmetrical that the markets are now signaling collapse, even as market delusions […]
Continue readingMore Dollar Bad News (Good for Gold & Silver): Canadian Loonie JUST SOARED
Our neighbor to the north just raised interest rates, and on September 20, Janet Yellen & Co will either double-down on their hawkishness, perhaps to keep the dollar perched in the […]
Continue readingSmart Money to Find a Home In Gold & Silver As Home Sales Crash
The real estate market is crashing all around us. This latest report continues the housing market woes. Smart money always finds a home, but with stock, crypto, real estate, bond, junk […]
Continue reading