EVIDENCE, LOGIC, AND THE ECOMONY FOR EVERGREEN COLORADO REAL ESTATE
Back in the 1990’s, Japan lived through an economic downturn, similar to the downturn the US is dealing with now. The Japanese experienced an explosion of speculative investment in the 1980’s, inspiring bankers to write risky loans based on over heated, inflated prices. Both the stock and the Real Estate markets were speculated beyond reason, fueled by the irresponsible monetary policy of the Japanese Government. Sound familiar?
When the proverbial bubble burst, the Government tried to pull the Japanese economy out of a tail spin by, you guessed it, printing fast sums of money. The evidence is over whelming and conclusive – it did not work.
Like America today the banks won’t loan out money, not because they wanted to hoard it, but because there were no profitable loans to write, no loans that would return the principal and pay the interest – no matter how low. Because the economy was bleeding badly, the Japanese industries lost their technological advantage, their international sales plummeted, as business declined their domestic markets dropped, causing a serious deflationary adjustment that just added to the problem. Flooding the market with more easy money, which the government was printing, only added to the problem, and as the government subsidizing failing banks and failing business the economy cascaded into a sea of stagnation. Their salvation came when new thinking returned the private sector back to sound economic policies – the tried and true basic Capitalists Fundamentals that always work. The easy money was eventually loan out to foreign investors, who could return a reasonable return on investment without massive, incompetent government intervention into the private sector.
It’s time to return to the fundamentals. If You want to prosper in these tough times you will need to earn a profit, not just depend on stock price speculation, or bond interest which is less that inflation. Now is the time to be successful; give us a call at MARK ENGLISH REAL ESTATE and DISCOUNT MORTGAGE SERVICES and let’s plan you retirement income. We are the one stop shop for all your Real Estate needs in the Rocky Mountains. Whether a home of Your own, a retirement investment, an EVERGREEN COLORADO HOME LOAN or an EVERGREEN COLORADO MORTGAGE REFINANCE call us at 303-674-0148, Email us at markenglishrealestate@msn.com , or visit us on the web at www.evergreencoloradoliving.com.