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Re: wooooooo Ron Paul Warns A 50% Stock Market Decline Is Coming...And There's No Way To Stop It 

By: capt_nemo in POPE 5 | Recommend this post (1)
Mon, 08 Oct 18 5:49 PM | 48 view(s)
Boardmark this board | Pope 5 		Msg. 09622 of 62138
(This msg. is a reply to 09620 by capt_nemo)
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To add to Rons thinking,,,,,,,,,,,,,

Americans are in a borrowing mood, and their total tab for consumer debt could reach a record $4 trillion by the end of 2018.

That's according to LendingTree, a loan comparison website, which analyzed data from the Federal Reserve on nonmortgage debts including credit cards, and auto, personal and student loans.

Americans owe more than 26 percent of their annual income to this debt. That's up from 22 percent in 2010. It's also higher than debt levels during the mid-2000s when credit availability soared.

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http://www.cnbc.com/2018/05/21/consumer-debt-is-set-to-reach-4-trillion-by-the-end-of-2018.html




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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The above is a reply to the following message:
wooooooo Ron Paul Warns A 50% Stock Market Decline Is Coming...And There's No Way To Stop It
By: capt_nemo in POPE 5
Mon, 08 Oct 18 5:29 PM 		Msg. 09620 of 62138

Have a cup of coffee Ron,,,LOL


http://feedproxy.google.com/~r/zerohedge/feed/~3/fhU4G_0Cuu0/ron-paul-warns-50-stock-market-decline-comingand-theres-no-way-stop-it


"We're getting awfully close. I'd be surprised if you don't have everybody agreeing with what I'm saying next year some time,"

"It can be pretty well validated by looking at monetary history that when you inflate the currency, distort interest rates and live beyond your means and spend too much, there has to be an adjustment," he said.

"We have the biggest bubble in the history of mankind."

"I know it's going to happen," Paul said. "It will come, and the bubble is bigger than ever before."

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