U.S. Real Estate Market in Trouble | Eric Basmajian and Jimmy Connor

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[BloorStreetCapital]

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[DonaldMark-nese]

I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!

[KerbyRoberson-dn]

Great interview! Eric gives a simple man’s way of understanding.

[paulvarey]

Great interview. Real estate becoming very key once again.

[BenHardyy]

GDP's already negative, the housing market's already crashing (see all-time high number of price reductions without any sales still), all-time consumer credit card debt, unemployment is skyrocketing and will surpass 2009's 10% peak. Homes and stocks will crash 60%. It's literally 3rd grade math. It was always inevitable. Already seeing it in every single asset class other than the Crypto market ....I've been engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Adriana Jensen whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[dannymcneely]

The next few months will be monumental. Im going all cash, got 20% weight in gold and 5% in bitcoin rest in bonds.

[JamieDupont-tjlx]

The one issue that wasnt discussed was exploding debt levels. The Federal government has over $35 trillion in debt, interest payments are $1 trillion a year growing to $1.4 trillion by 2027. The Debt/GDP ratio is 125% and though it doesnt compare to Japan's at 200% it is still too large. It took 165 years to get to $1 trillion in debt and now its growing by $1 trillion every 100 days, If these numbers arent a wake up call then we are in for a world of hurt.

[frankbeneditto]

The economy is slowing, jobless numbers keep going higher at 4.3% now but real number is much higher and he says the real estate market is still strong. Doesn't make sense.

[Doyle]

How do most of you guys still make profit, even with the downturn of the economy and ever increasing life standards

[lfs-xr]

To cut a long story short.
Economy is bad, investments in stocks are bad, real estate is bad.
Do you know what is not bad? GOLD, which are all your the client companies.