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    Author Topic: Economic Devastation  (Read 504858 times)
    iamback
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    March 03, 2015, 08:26:48 AM
     #741

    I edited my prior post. There is no doubt that Europe will be in severe crisis by 2017. If you can't hedge the decline in the value of the house, then don't dare do it unless you are sure you can sustain a multi-year (probably decades) waiting period for the value to come back up again (and that your income to pay the mortgage can't be in jeopardy when Europe collapses starting next year). That is what the Armstrong link I gave you said.

    Right now the strongest economies of Europe are receiving an influx of capital because capital is fleeing the peripheral economies of the world which are already collapsing. But this contagion will spread to the core of Europe next year. Germany's DAX will peak Oct. 2015, then collapse into an abyss. Then capital will flee to the USA. Then the USA dollar and stock markets will peak in 2017, and then we collapse into war by 2017 or 2018.

    Password scrambled, ACCOUNT IS NO LONGER ACTIVE. Formerly AnonyMint, TheFascistMind, contagion, UnunoctaniumTesticles.
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