HOUSING MARKET & THE ECONOMY
HOUSING MARKET & THE ECONOMY
big Regional Banks going under huge layoffs spreading from the high-tech industry to everyday retail.
A huge Spike in credit card balances and automobile repossessions! Do you really think the housing market is going to recover anytime soon in light of our current messed up economy?
HOUSING MARKET & THE ECONOMY
Actually, it seems pretty certain, that we’re still far from a real bottom in the housing market in the United States!
First Republic bank just failed.
More banks will likely fail in the future as the Fed continues to pull money out of the US Economy.
The M2 Money Supply just contracted for the first time in 90+ years since the Great Depression.
This declining money supply is what is ultimately resulting in banks failing.
What’s scary is that every other time the money supply has contracted in the US going back to 1850, there was an associated banking crisis and DEPRESSION.
Why would a contracting money supply cause a depression (or bad recession)? Because of Economics 101 – the formula MV = PQ describes how the money supply directly relates to GDP. When the money supply goes up, GDP goes up (often due to inflation). And when the money supply goes down, so does GDP (in this case due to deflation).
Now – some people think that JP Morgan’s purchase of First Republic Bank will resolve the banking crisis.
JP Morgan’s CEO Jamie Dimon said as much. However, that is unlikely since the core problems with the financial system are still in tact. So, as long as Jerome Powell and the Federal Reserve keep contracting the money supply through quantitative tightening, while banks stop lending through the credit crunch
HOUSING MARKET & THE ECONOMY
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Brokerforyou.com is for SALE
Just like most major businesses, the easiest way, and the fastest way to expand your business and influence in your particular market is through strategic acquisition. Just look at Google, they are the number one search engine in the world! Google bought Youtube in November 2006 for US$1.65 billion! YouTube now operates as one of Google’s subsidiaries.
www.brokerforyou.com is for sale and is offered with a very popular San Diego residential real estate channel with 1.16K subscribers and 114 videos!!
What’s the approximately monthly cost to host a website? With shared hosting, you’re hosting fee can break down to about 10 to $15 per month. To keep your url registered (that’s your site address), this is usually paid on a five to 10-year basis, which averages out to about just a dollar per month! Naturally, if you add direct hook-up to a MLS database, that provides lead capturing, this costs can vary greatly from provider-to-provider.
Interested, call Bob Schwartz (619) 286-5604 for additional information
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home water leak detector – https://flumewater.com?grsf=w79pta
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Great 360 Camera – This is the one that I use not only for real estate but motorcycling & gold prospecting.
Direct from the manufacturer w/ Free shipping, special bonus accessory & even tax included.
Click camera photo below for more details and to see actual 360 video & photos taken with this amazing marvel, direct from manufacturer . . .
insta360 One X3
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