muses of the moment

April 20, 2012

You must chose….

Filed under: Housing Market, Martin Armstrong, US Government Debt — totallygroovygirlfriday @ 6:06 pm

Groovygirl mentioned this coming phenomenon. Americans under 40 will have to choose to go to college or buy a house. The debt load of both is no longer possible to maintain. So, gg proposes this is one of the reasons that housing will not recover until Martin Armstrong’s 2032 date. If young Americans can not buy the Boomer’s houses, Boomers lose money/can not retire and the housing market continues to collapse.

Click here.


1 Comment »

  1. Yes, the same could be said of stocks. If young Americans are burdened with debt, who’s going to be buying all of those stocks that the Boomer’s will be unloading for retirement income? In order to find a willing buyer, Boomer’s may have to accept a lot less for their stock investments.

    I came across an interesting article you might enjoy by Ron Unz. The article is called “China’s Rise, America’s Fall” and it is in the current issue of the American Conservative.

    Paul Craig Roberts discusses the Unz article in his latest post “Unplugging Americans from the Matrix” –

    Comment by sw — April 20, 2012 @ 10:41 pm

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