Well folks, get real ready for QE 3 and further devaluation of the US Dollar and further inflation of all commodities, EXCEPT “Bubble” priced Commercial and Residential Real Estate that will continue falling in ‘Inflation Adjusted’ terms for the next 18 to 30 years!
For much fuller explanation of all these totally insane policies of the FED and the inevitable and unavoidable and abominable outcomes, see our “New Normal” and Econometrics web page at www.polestarcomm.com.
The following article reveals the horror ongoing in this economy today, which will ordain all these things, i.e. crashing “Bubble” priced Commercial and Residential Real Estate that the whole country of RE crazed idiots bet on over the last sixty years.
Wake up RE tycoons (aka. baboons)!
That era is now over, thanks to the multiyear rolling affect of the Super Tsunami “Kondratieff” Long-Waves of which we have only seen the FIRST OF THREE WAVES, so far.
That era is now over, thanks to the multiyear rolling affect of the Super Tsunami “Kondratieff” Long-Waves of which we have only seen the FIRST OF THREE WAVES, so far.
And the second article says what the FED’s response will be and rather quickly we imagine. For fuller explanation of these things, see our Home page the “New Normal’ and the Econometrics page at www.polestarcomm.com and all our many Blogs on this subject.
But, much more definitive explanation (complete with timing) of these things is available to those who subscribe to, and read, our Market Reviews.
But, much more definitive explanation (complete with timing) of these things is available to those who subscribe to, and read, our Market Reviews.
Are you and your company ready for the VERY last buying-surge of the American Consumers (DCBF’s) after the “Great Deception of 2012,” set to kick in later this year?
New-home purchases fall, 2011 worst ever for sales
“Fewer Americans bought new homes in December. The decline made 2011 the worst year for new-home sales on records dating back nearly half a century.
The Commerce Department said Thursday new-home sales fell 2.2 percent last month to a seasonally adjusted annual pace of 307,000. The pace is less than half the 700,000 that economists say must be sold in a healthy economy.
About 302,000 new homes were sold last year. That's less than the 323,000 sold in 2010, making last year's sales the worst on records dating back to 1963. And it coincides with a report last week that said 2011 was the weakest year for single-family home construction on record.The median sales prices for new homes dropped in December to $210,300. Builders continued to slash price to stay competitive in the depressed market….”
Bernanke has "finger on trigger" for new bond buys
CHICAGO/NEW YORK (Reuters) –
“The Federal Reserve has moved closer to embarking on a new round of its controversial money-pumping after the central bank and its chairman Ben Bernanke highlighted a grim outlook for the U.S. economy.
Bernanke on Wednesday opened the door a bit wider for the Fed to return to buying securities in the months ahead to buttress a weak recovery and keep inflation from slipping too far below its newly adopted 2-percent target….
(ALL these people are entirely nuts, because the real inflation rate is RIGHT now above 10%, and they all know it – IMO)
…"It sounds like the finger is on the trigger," said Thomas Simons, a money market economist at Jefferies & Co.
The Fed's announcement that it was unlikely to raise interest rates until at least late 2014, more than a year beyond its previous guidance, immediately pushed down Treasury bond yields and Bernanke's comments to the media raised expectations of a further round of so-called quantitative easing, or QE3….”
The FED is now quite unbelievably and openly promising that the insane ZIRP will continue until late 2014?
Are you and your company ready for the “MOTHER OF ALL CRASHES.” after the full effect of that completely insane policy has finally and totally caused such enormous dislocations in the world’s capital markets and in ALL other markets, such that there will be ONLY one possible outcome, i.e. a “GREAT DEPRESSION” that will totally outclass ALL prior depressions of recorded history!
Get ready folks, for economic chaos much beyond any we imagined between now and 2016 and utterly systemic and complete economic destruction beyond that – at least for the United States of America!
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