Mortgage Industry Brink of Collapse, Housing Bubble Risk, Bank Bailouts, Bank Runs, Cashless Economy! - Great Video
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Mortgage lenders, bankers, real estate agents, and more are begging for bailouts as mortgage borrowers cannot make their monthly mortgage payment. Also, some banks run out of certain bills as consumers feel the danger of this debt based economy.
America is like an ice cream castle melting away in the hot sun.
An extra 10 million people unemployed, most of them never going back to their jobs, and the stock market goes up. Obviously manipulation to lure people in, so the insiders can sell out.
This is why I keep my house paid off so you keep a roof over your head. Been told dont do that pull equity out to invest, for what? So stocks drop and I have a house payment to make! Greedy people over leverage, no thank you I’m happy with what God has allowed me to have. These investors and YouTube people like biggerpockets have just lead people down a disastrous road by overleveraged properties.
Isn’t this the same industry that always begs for the government to butt out? Now they’re begging for taxpayer welfare.
Mathematically inevitable.
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Whistler Blowers, Insiders
With the stimulus money rightly being returned to its owners, cheap gas, hungry and rested workers returning to work you might see an ECONOMIC BOOM.
It seems to be setting us up for that.
The CDOs and MLOs are all intermingled into the securities market and the derivative market, and we are talking about F rated mortgages. Let the debt fall on whoever holds it with the bank’s moving chairs game, and everyday people who thought they were wealthy will soon find out that a home – (basically a fancy wood box with wires and plumbing) is not an investment vehicle nor an ATM machine.