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Comments by "" (@tekannon7803) on "Krystal Ball: The Next Housing CRISIS Is Here And The Villains Are Exactly Who You'd Expect" video.
This must be unbelievably hard to see this insane, upside down world of investing, happening right in front of your eyes in your country Krystal and Saagar. Junk bonds used to raise eyebrows when we heard people made millions trading them. Now it’s junk-homes and---can we really believe people are ready to put a half a million dollars in a home that will have to be demolished and that has absolutely no allure, no charm and no reason to be on the market at all? But yes; we see some kind of unraveling of what used to be common sense. I think what has happened is that the stimulus packages have pumped so much liquidity in the markets that there is a free-for-all spirit making people spend money on junk in the belief it will increase in value. The world of finance has painted itself in corner.
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