Economic recovery: “The U.S.'s stern money owing problems are exacerbated by its $70 trillion in unfunded liabilities to subsidize the social 'entitlements' of the mass of baby boomers who will be retiring by the tens of millions in the next few decades and there is completely NO likelihood of the U.S. government ever reducing those entitlements. Any attempt to do so would cause severe economic commotions and civil unrest.”
Nielson upholder that there are numerous realistic reasons why the U.S. will make no effort to alleviate the dire situation.
A Further Collapse in House Prices
“With 75% of the ‘assets’ held by leaved and soon-to-be leaved Americans consisting of real estate,” said Nielson, “they will require to dump approximately $2 trillion of real estate onto the U.S. market – the most over complete real estate market in history – in order to uphold their standard of living. To rule out such an event the U.S. government has been anxious to ‘re-inflate’ the U.S. housing bubble – at any cost – to buoy up American 'real estate' accounts and bail out the banks holding the mortgages on houses in foreclosure. Yet, I believe the U.S. will see a second housing bubble because:
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Nielson upholder that there are numerous realistic reasons why the U.S. will make no effort to alleviate the dire situation.
A Further Collapse in House Prices
“With 75% of the ‘assets’ held by leaved and soon-to-be leaved Americans consisting of real estate,” said Nielson, “they will require to dump approximately $2 trillion of real estate onto the U.S. market – the most over complete real estate market in history – in order to uphold their standard of living. To rule out such an event the U.S. government has been anxious to ‘re-inflate’ the U.S. housing bubble – at any cost – to buoy up American 'real estate' accounts and bail out the banks holding the mortgages on houses in foreclosure. Yet, I believe the U.S. will see a second housing bubble because:
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