In closed doors our admin calls the finances of banks and the economy . …”is a house of cards”.
So lets offer rates at 0% so “our friends” can make 500% yoy. and let the rest of the sheeple suffer.
It’s Numbers time…
18% unemployed … inner city blk males at 40%
2 wars
15tril in debt w/ no hc or ssi ..so another 60T in space.
400tril in of sheet @#$%&!.
50% of home sales to 1st timers w/ $8k credit
Fannie/Freddie buying and holding 70% of mtgs…with no buyers waiting.
Rates..no where to go but up.
Fixed incomes falling…wages steady…hours falling.
Taxes received off 5%
7 states underwater
Japan 20 yrs in the bath w/ 200% debt to gdp.
60 yr cycle is in the 9th inning….15 yr is only 2/3 rds over.
35% of mtgd homes are shorts-no equity.
40% live in poverty.
1 in 8 have fun living in famine around the world.
10 major countries need bailouts!
35 million baby boomers needing bailouts
PPT=republicans and democrats who are committing treason…mass hysteria
And you want me to go long..and join the US stock mkt party?
- mkttrdr
