Comments by "worn down" (@worndown8280) on "1.6 MILLION LATE FORECLOSURE Starts UP 394%" video.

  1. Wait until the Fed rate goes about 3.5%. Congress will have to start cutting the budget, it wont be able to afford servicing new debt at that level. And with one in 6 Americans working for some level of government (Fed, State, or local), well That alone would make an epic recession. Then considering all the individuals and businesses that require government largess to make end meets.
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  2. Can you afford it if the worst happens? Is your job recession proof? Can you survive $10 gas for commute? If you paid cash, you are fine. The worst that may happen is that you lose value. But thats happening everywhere.
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  3. The Federal government wont be able to do that due to higher interest rates. Not without cutting in other areas.
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  4. It certainly is a barometer to know when all the normies have finally tapped out. Then thats the bottom. You think its just going to take a year?
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  5. Its just going to make it that much worse there when it happens.
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