House Prices to Drop 5% 2013

By Bubbabear   Follow   Sat, 12 Jan 2013, 3:14am PST   268 views   0 comments   Watch (0)   Share   Quote   Permalink   Like (1)   Dislike

We believe the stock market and the economy have been propped up since 2009 by artificially low interest rates, never-ending government borrowing, and an unprecedented expansion of our money supply. The official unemployment numbers do not reflect people who have given up looking for work. The official inflation numbers are way off reality. After a 30-year down cycle in interest rates, we believe that rapid inflation caused by huge government debt and money printing will start us on a new cycle of rising interest rates.

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