face26
2019-11-22 08:13:33
- #1
Google Marc Friedrich and Matthias Weik if you like. And no, I don't agree with them on every point, but my personal analyses go in a similar direction.
Mmh ... the horsemen of the apocalypse...
They also believe that land charges should be canceled (after the loan is repaid), because the banks would be co-owners as long as the banks are listed in the land register... Well...
I don’t want to say that everything they say is nonsense, but one should keep in mind that they make their money by feeding people’s fears. Now they finally have given a date for the big crash... I’m curious.
In some form, a correction of some kind will come eventually. But that is nothing new, it is simply normal. Whether next time that will lead to all of us better hoarding Epa packs in the basement, I doubt it.
Who besides The Simpsons would have thought years ago that a clown would govern the USA and the world would keep turning anyway?
I also don't believe that we will find a quick way out of negative interest rates, and if so, not far... but what if that simply becomes “normal” and it still works? The Japanese manage it too (even if the comparison is flawed economically).
Thinking about how to build one’s wealth and what is sensible for different scenarios I consider very important... but I have no panic... not even about a real estate bubble... which I do not see except for individual spots.