AMERICA IS A MONETARY ECONOMY FOR EVERGREEN COLORADO REAL ESTATE
The technical meaning of foreclose is “to rule out or prevent a course of action.” In Real Estate it is translated to mean “to take possession of a mortgaged property for the non payment of the mortgage.” Today in Colorado 26% of all homes in the state are in some stage of foreclosure according to RealtyTrac. That means that the market will remain bloat with discounted properties for the next year and beyond. When a foreclosure is initiated it takes an average of 308 days to sell.
The national media seems to be promoting a false sense of recovery; but out here in my neighborhood the message is much different. The feeling is one of anxiety and insecurity. Many homes have already been foreclosed upon and the saga continues. Families are being driven out off their land and many are jobless and desperate. It makes one wonder what happened?
We are all told this was the result of the credit default debacle. Somehow the subprime mortgages stuffed down the throat of America by Fannie and Freddie caused the entire economies of the world to blow up? But the problem is much deeper than that. The economic foundations of the United States have been metastasized by the entrenched Washington barons who sold out the American people for the opportunity to sit on the thrown of power. They bought the minority vote, the senior vote, and the lower middle class vote by buying their support with massive entitlements that could only be funded by a monetary economy.
In a monetary economy money manipulation is the key. The dollar is continually debased with the discount percentage accruing to the government; government debts are paid off with cheap dollars; legitimate interest on savings and investments are stolen by the government who creates money out of thin air by keeping interest rates at artificially low levels; the equity of hard assets like a home or fixed investment is inflated away and the difference becomes a cash asset to the government; the government, through the Federal Reserve, buys its own debt with counterfeit fiat dollars; and the debt becomes excessively large as this circle of deception becomes a self sustaining fire storm fueled by an incompetent bureaucratic central government who is unable to control the destructive conflagration they ignited.
This is precisely what is happening in Europe. The government is caught in a blast furnace fueled by debilitating entitlements promised to its citizens, and the reality of their inability to pay for the debauched society they have created. Their money is becoming worthless, their credit has been destroyed, their government is financially and morally corrupt, and their bills are still way beyond their income. In effect, Europe, like America, is bankrupt.
History is about to foreclose on Western democracies. Every sane person, who is free of the moronic mind set of the political aristocrats, knows in their heart, that no country can continue to spend trillions of dollars more than it could possibly earn in a lifetime. We all know that the emperor is not waring any clothes; the government is not solvent anymore. Stand back before you get burned.
Investing in Real Estate is the only option for Main Street. It’s the only investment that will shelter your income and your profits. It’s time to return to the fundamentals. If You want to prosper in these tough times you will need to earn a profit, protect it from the IRS, and can’t just depend on stock price speculation, or bond interest which is less than inflation. Now is the time to be successful; give us a call at MARK ENGLISH REAL ESTATE and let’s plan you retirement income. We are the one stop shop for all your EVERGREEN COLORADO REAL ESTATE AND CONIFER COLORADO REAL ESTATE needs in the Rocky Mountains. Whether a home of Your own, or a retirement investment, call us at 303-674-0148, Email us at markenglishrealestate@msn.com, or visit us on the web at www.evergreencoloradoliving.com.
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