Housing Bubbles in Sydney & Melbourne Deflate | Wolf Street
Housing Bubbles in Sydney & Melbourne Deflate | Wolf Street
— Read on wolfstreet.com/2018/06/03/housing-bubbles-in-sydney-melbourne-deflate/
Housing Bubbles in Sydney & Melbourne Deflate | Wolf Street
— Read on wolfstreet.com/2018/06/03/housing-bubbles-in-sydney-melbourne-deflate/
Visa Goes Down in the UK, Chaos Ensues, Cash is Suddenly King | Wolf Street
— Read on wolfstreet.com/2018/06/02/visa-goes-down-in-the-uk-chaos-ensues-cash-is-suddenly-king/
Cash rules during chaos
The Perils of a Cashless Society.
— Read on www.bitchute.com/video/XnamTozhIa4/
Mises never tired of telling his students and readers that trends can change. What makes them change are the choices we make, the values we hold, the ideas we advance, the institutions we support…Unlike Mises, we do not face obstacles that appear hopelessly high.
— Read on mises.org/wire/mises-institutes-case-optimism
Who Dominates the Steel Trade that Trump Just Hit with Tariffs? | Wolf Street
— Read on wolfstreet.com/2018/06/01/who-dominates-the-steel-trade-that-trump-just-hit-with-tariffs/
Amazing imbalance
The blowout numbers on job creation in the United States economy demonstrates that the USA is indeed holding up the world right now. The U.S labor market in May came in with Non-farm payrolls up 223,000. The unemployment rate now matches April 2000 as the lowest since 1969 coming in at 3.8%. You really have to wonder what will it take to re-educate the socialists. Cutting taxes creates private jobs and creating the incentive to bring the money home will boost the domestic economy in the USA. You would think the socialists would at least look. Instead, they only look at what they can rob from working people to create their fantasy world.
— Read on www.armstrongeconomics.com/armstrongeconomics101/economics/non-farm-payrolls-blowout-all-the-analysts-show-usa-is-still-holding-up-the-world/
More good news
Update on the Splendid Rental Bubbles & Crashes in the US | Wolf Street
— Read on wolfstreet.com/2018/06/01/update-on-the-splendid-rental-bubbles-crashes-in-the-us/
More on the housing bubble
High Home Prices, Rising Mortgage Rates, Wall Street’s Resurging Buy-to-Rent Scheme Hit Pending Home Sales | Wolf Street
— Read on wolfstreet.com/2018/05/31/high-home-prices-rising-mortgage-rates-wall-streets-resurging-buy-to-rent-scheme-hit-pending-home-sales/
Morgan Stanley Chief Executive Officer James Gorman said that investor George Soros’s contention another major global crisis may be in store is unrealistic, and that the Federal Reserve will probably hike interest rates three more times in 2018 despite recent volatility.
— Read on www.bloomberg.com/news/articles/2018-05-31/soros-contention-on-global-crisis-is-ridiculous-gorman-says
Opinions vary wisely
QUESTION: Mr. Armstrong; FX Street named you forecaster of the year for your Swiss frank peg forecast that also nobody else saw coming. I remember you were named here in Canada as Economist of the Decade for your calls during the 1980s with the 1987 crash and the crash in Japan. I by no means want to be on the opposite side of Socrates. My question is this. You have said that 2018 is just the beginning. This is all coming unglued very rapidly. Is this the Monetary Crisis Cycle and how the world will be torn apart is just a few years? EM, Vancouver ANSWER: Thanks for that magazine article. Can’t believed you saved it that long. Yes, when I say we can see a monetary reset as soon as 2021, this is no joke. There are critical points in a number of markets that I will reveal in Singapore. These are the lines in the sands. Once we cross them, there is no going back. This is a global systemic collapse. I cannot emphasize how serious this is going to be. As long as you understand what is coming and we can draw that line very clearly without personal OPINION, then you will be just fine. Those who constantly believe in fairytales, well that will be a different story. I am not trying to see you any investment be it land, gold, cryptocurrencies, or stocks. This is about INDEPENDENT research computer driven by just the facts – no agendas. This is NOT some new age of KNOWLEDGE or Artificial Intelligence ruling the world. Those are complete nonsense. We have to crash and burn before we every reach some new age of reform.
— Read on www.armstrongeconomics.com/world-news/sovereign-debt-crisis/a-global-systemic-collapse-opportunity-risk/
This man has it right most of the time.
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