The Economy Continues To Deteriorate As The Real Estate Bubble Pops - Episode 1000a
Economy | Information | History | Online | Facts | World | Global | Money
Check Out The X22 Report Spotlight YouTube Channel – https://www.youtube.com/channel/UC1rnp-CySclyhxyjA4f14WQ Get economic collapse news throughout the day visit http://x22report.com Report date: 06.17.2016 Bank of Greece admits austerity is not good for the population and does not work. Single family home permits decline. The housing bubble just popped, San Francisco prices decline dramatically. Baltic Dry Index declines again 11 points.The Fed is actually taxing us without representation, we never elected the Fed. The stock markets around the world are now crashing. BREXIT campaigns are now suspended for a second day and the referendum might be postponed. IMF warns of political risk to the EU. Food riots break out in Venezuela. All source links to the report can be found on the x22report.com site. Most of artwork that are included with these videos have been created by X22 Report and they are used as a representation of the subject matter. The representative artwork included with these videos shall not be construed as the actual events that are taking place. Intro Music: YouTube Free Music: Warrior Strife by Jingle Punks Fair Use Notice: This video contains some copyrighted material whose use has not been authorized by the copyright owners. We believe that this not-for-profit, educational, and/or criticism or commentary use on the Web constitutes a fair use of the copyrighted material (as provided for in section 107 of the US Copyright Law. If you wish to use this copyrighted material for purposes that go beyond fair use, you must obtain permission from the copyright owner. Fair Use notwithstanding we will immediately comply with any copyright owner who wants their material removed or modified, wants us to link to their web site, or wants us to add their photo. The X22 Report is "one man's opinion". Anything that is said on the report is either opinion, criticism, information or commentary, If making any type of investment or legal decision it would be wise to contact or consult a professional before making that decision.
Comments
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I had to stop back in today being that I'm in Newport for the 4th of July. I'm blown away by the amount of inventory of homes on the market here!!!!!!! It's seems like just about every 5 houses there is a home for sail what the hell. Living in manhattan with everything stacked on top of each other the amount of inventory is not as obvious and in your face because there are no signs outside for you to see what is for sale and on the market..... you have to look online or see a broker. I'm so blown away right now by this =/
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Let me correct a few statements. The major banks do get nearly free money from the Federal Reserve, but the majority of that money is deposited at the Federal Reserve and draws, I think .25% interest. The banks are not spending the money on stocks.
The Federal Reserve does set interest rates, in a sense. In reality, the Fed is usually following the market, so when US Treasury bond interest rates start rising, the Fed will have to raise interest rates. But when T Bond interest rates start to rise, it will because investors will be demanding higher compensation for the risks incurred.
The Fed may lower interest rates as low as it wants, but it does not necessarily make people want to borrow. The US tax code is designed to encourage people to invest in certain asset classes, such as oil wells and real estate, so the US tax code is the actual force behind many investments. One of the reasons very rich people don't pay much or any taxes is because they are smart enough to buy the assets the US tax code deems the most beneficial for the country. So, yes, there are bubbles in real estate in Miami, NYC, San Francisco, Menlo Park, San Diego, Denver, but the majority of real estate in the US will not see much decline, and when inflation begins, real estate will benefit. So, bubbles in the above cities, and the rest, just over priced somewhat, and I will be surprised to see as much as a 20% correction before climbing again. Do your research. -
What the heck????? People all around me are making money I am the only fool listening to this lol okay world going to end sure
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my house house has dropped over a hundred thousand since i bought it in 2005
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RE prices in the tri-county area of OR & the closely snuggled rural land, are still moving up but, expect to see the pop after summer. Sometime around mid Sept.
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Don't we want housing prices to fall? I know it isn't a great sign for the macro economic situation... but maybe individuals - especially younger folks - would be able to take advantage of lower prices in housing... and aren't deflationary periods usually followed by inflationary periods where equity will rise again making those property investments worth while? just a thought.
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You reference Bay Area Housing market often. You from around there or just use it as your go to reference point because it's the most expensive market in the country??
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Congrats on episode 1000. Keep up the great work.
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Well done Dave, your hero to us daily viewers, good accurate info everyday.
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I am new to this site. There are many words and ideas with which I am unfamiliar. The one that trips me up the most is Brexit. Anyone willing to cure me of this ignorance would be highly appreciated.
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Congratulations on No: 1000
Closing at 6021.10 on Friday 17 June 2016 the UK FTSE 100 Index lost 686.8 points or 10.24 percent during the last 12 months from 6,707.88 points in June of 2015. -
I'm drinking champagne to celebrate your 1000th episode of truth! cheers my friend!
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What's your last and middle names, Dave?
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Wooop, woop 😃
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thank you for the 1000. you are my daily news
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sounds like a good story Michael williams but that'll never happen lol!!!!! good wishful think man but let dip back into reality shit and happenin n i see noooooooo COLLAPSE HAPPENING.
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Congrats Dave!!!! Keep up the great work!!
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Congratulations. And thank you for all you have done.
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Dave your work is phenomenal! I can't believe you do all this by yourself!! There are several YT ALT news channels I listen to but I have to say you are always me 1st go to channel always! Thank you for all your hard work and dedication to honest journalism. God Bless You!!!!
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