There are many mixed signals about the direction of our economy, don’t be hoodwinked by these signals. First of all…don’t believe our government, they are the cause of our current economic mess, it’s simple, politics and our economy are not the same, and by our current deficits it’s apparent they don’t mix either. Secondly, if you want to know the truth where our economy is headed, just look to the IMF (International Monetary Fund).
Our government keeps telling us they THINK things are starting to be rosy. Washington thinks wrong! Where is the evidence that a recovery is coming? There isn’t any. Warren Buffett said last week that he hasn’t seen any of the “green shoots” that Washington is talking about, instead Mr. Buffett warns of significant inflation raising its’ ugly head and is sure to give us a nasty visit.
Last week the IMF predicted a “deepening recession” WORLDWIDE! The IMF can point to facts and figures to back their prediction. FYI: IMF is the equivalent to our Federal Reserve Bank; you know where all the bail out money comes from.
I don’t think we will be able to wait this thing out. It appears we may be looking at two to three years more of a bad economy. Now is the time to work on getting your financial house in order. From my prospective, real estate has always been a hedge for what I see us facing today.
There are many mixed signals about the direction of our economy, don’t be hoodwinked by these signals. First of all…Don’t believe our government, they are the cause of it all, its simple politics and our economy are not the same and by our deficits it is apparent they don’t mix either. Secondly, if you want to know the truth where our economy is headed just look to the IMF (International Monetary Fund).
Our government keeps telling us they THINK things are starting to be rosy. Washington thinks wrong! Where is the evidence that a recovery is coming? There isn’t any. Warren Buffett said last week that he hasn’t seen any of the “green shoots” that Washington is talking about, and instead Mr. Buffett warns of significant inflation is raising it ugly head and is sure to give us a nasty visit.
Last week the IMF predicted a “deepening recession” WORLDWIDE! The IMF can point to fact and figures to back their prediction. FYI: IMF is the equivalent to our Federal Reserve Bank; you know where all the bail out money comes from.
I don’t think you will be able to wait this thing out. It appears we may be looking at two to three years more of a bad economy. Now is the time to work on getting your financial house in order. From my prospective real estate has always been a hedge for what I see us facing today.
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Last week average fixed interest rates jumped to 5.32% and guidelines for underwriting loans became tougher.
62% of bankruptcies had medical expenses as their main expenditure item says Harvard Law and Medical Schools along with Ohio University. The report goes on to say 75% of the bankruptcies filers had health insurance but it was not enough to cover their needs and they had to file for bankruptcy to survive. Furthermore, the report indicates it’s not enough to only “cover the uninsured, we need to rethink health reform”.
And we thought the main cause of bankruptcies were all those convertible real estate loans!
Free Reports: http://www.StopForeclosureInSanCarlos.com http://LovelySanCarlosHomes.com Foreclosure/Short Sale Information: http://www.StartFreshLLC.com