Interestingly…Marc Faber is warning of a collapse…BUT IN CHINA!!!
Isn’t that EXACTLY how it would work out…The main stream FINANCIAL MEDIA has talking head after talking head yapping…BRIC, BRIC, BRIC…The HERD is piling in there RIGHT NOW…
We’re going to see a REAL ESTATE BUST in… C H I N A!!!
It’s MIND BOGGLING what’s going on over there…When that BREAKS…You’ll see carnage in their banking system just like we had…
And NO ONE is talking about it.
That’s the point…PAY ATTENTION to the things that are NOT being mentioned…ALMOST NO ONE…ANYWHERE, right now is talking about a ROBUST GROWING US ECONOMY…Everywhere you turn it’s DOOM & GLOOM…
All myself and Rookie are trying to do here is this…
OPEN YOUR EYES…When you CAN NOT find BULLETS in a WALMART because the MASSES are buying them to HOARD for the coming COLLAPSE…That in it’s self should be setting off ALARM BELLS in a REAL INVESTORS head…
THINK
THINK
THINK
RE-READ the FORD posts here going back over 2 years now…Read about WHY that company didn’t go into bankruptcy…The signs were all there…From the Mortgaging of the Blue Oval itself when financing was EVERYWHERE to the Ford Families “Super Shares” to Mulally’s compensation package and PERFORMANCE INCENTIVES…Read some of the older posts BEFORE the Real estate bust and listen to the ARGUEMENTS being made by the majority back then that said…
“We won’t have a Real Estate bust.”
Pay ATTENTION to the MINORITY…The people who are NOT on TV and are NOT SELLING something.
This Country is NOT going to COLLAPSE…There system is TOO GOOD.
As far as Social Security and Medicare…An entire GENERATION (MINE) don’t expect to see a DIME of that money…GUESS WHAT??? At some point a few smart politicians are going to REALIZE that and USE IT.
It’s just a matter of time…and MATH…You can’t have 1 person WORKING and paying IN with 5 people NOT WORKING and TAKING OUT…At some point it just STOPS being paid. AGAIN…an entire GENERATION already expects this.
The key to our FUTURE has already been laid out by our PAST…
Look at the modern family…30 years ago it was ONE WORKING MALE…One car, a small 800 sq ft house, and people went without.
Move forward to NOW…TWO parents working FULL TIME…2 NEW CARS (with payments of coarse) 3000 sq ft home (and all the added expense that goes with it) kids get $200 cell phones at age 10 and ride $300 bikes!!
And these people have NO SAVINGS…Life got HARDER…NOT EASIER…It got HARDER because that’s what THEY WANTED…THEY FOLLOWED THE OTHER SHEEP down BULLSH*T Street…
The WEALTH BUILDERS do the OPPOSITE (as ALWAYS) They SACRIFICE, THEY SAVE, They BUY REAL ESTATE at times when just telling people you purchased an INVESTMENT PROPERTY is met with SHOCK and AWE!!!
They buy FORD STOCK when NO ONE ELSE wants a car company stock run by a guy that truned around an AIR CRAFT COMPANY afetr 911 when NO ONE WAS FLYING!!!
We’re trying to get people here to OPEN THEIR EYES a BIT…LOOK at what’s REALLY going on…Watch for the signals…(Like NO AMMO SIGNS at WALMARTS!!!)
RETIREMENT is about to go the SAME WAY for this generation…BUT…They have ALREADY been CONDITIONED for it so it won;t be a shock…It’s ALREADY HAPPENING!!!
There will be NO RETIREMENT (except for people like us that BUILD WEALTH) the Average American will work until the day he DIES…NO social security…just a sh*tty, poorly managed 401K…and WORK. But at that point the DEBT BURDEN on the country will drop SEVERELY.
CYCLES…EBB and FLOW…NOTHING is TRUELY…NEW.