|
A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
|
U boyz should take a long hard look at what is happening in commercial RE and in the Residential Rental markets.
The one thimg that strikes me is the complacent attitude that you have a future. Given all the mortoriums and forebearence programs the tsunami has not hit yet.
The Central Banks have printed 20T since March.debt has been climbing exponently in both tje public and private markets.. Apple, GE, Boeing, Exxon are all leveraged to the hilt.
The velocity of money is 1.2..which indicates almost no economic activity. It takes $12.67 of Stimulus to create $1 of GDP growth..which shows the dimenshing effectivness of Stimulus.
There is no real economy left, tje only thing keeping the lights on is printing and borrowing at ALL LEVELS.
In essence the economy is a fiction.
|