deliverance Archives - Investment Watch Blog

Anyone who levered up on debt to buy into the Fed’s Housing Bubble 2.0 is in for a DELIVERANCE-style reaming

November 7, 2022 10:25 pmNovember 6, 2022 10:12 pm

by Boo_Randy The collapse in mortgage underwriting presages a collapse in home sales & prices… Mortgage rates for new 30 year average have also hit the highest since 2000, at 7.30%. Read more: https://t.co/AcR6mcKJTn — unusual_whales (@unusual_whales) November 5, 2022

Well it only took inflation reaching record highs of over 8% before the kid from Deliverance finally woke up and said something constructive about it.

May 10, 2022 9:33 pm

President Biden on Tuesday called combating the hottest inflation in 40 years his top domestic priority as he sought to reassure Americans over sky-high consumer prices, which have become a major political liability for Democrats. “I want every American to …