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40 million homes to be seized HERE! What will this do to the housing market for the remainder of people – especially those who have mortgages. Will values drop leaving millions more under water? Will we experience major deflation? (NOTE: every major inflation is followed by deflation) When there’s deflation, there’s less money in circulation, people lose jobs, dividends get cut, and incomes get cut. But, debt remains the same making it much more expensive! How convenient for the bankers.
Pensiamento Peligroso