Ricardo Fornesa, Jr. REALTOR®/MBA - A GUIDE TO SELLING YOUR HOME AFTER DIVORCE

something called quantitative easing, what most people considered "money printing" from thin air. It was an unprecedented step in American history. Then, after the coronavirus hit, we printed a whopping 5 trillion dollars to keep the economy from complete collapse. Now the U.S. debt has never been higher… And we've never had so much money in the economy at such low interest rates. We have poured so much debt and so much money into the U.S. financial system over the years… That our economy has essentially become “super-saturated” with money. No matter how much spending or stimulus the Fed and the government continue pouring on, all of that money is doing nothing to stimulate the economy or create the massive amount of inflation everyone is expecting. Because most of it is spilling around on the sides of the plate or staying in the banking system which means that most of the money is going straight on to the balance sheets of banks. When the stock crash hits according to Harry Dent, it’s likely to drop further from the highest point to the lowest point compared to any crash in history, including 1930-1932. It’s been put off for so long that when it finally goes, it’s going to be harder and faster than usual. It will also be the biggest first two- to three-month crash, bigger than the first 1929 crash or the first 2000 crash. You can see the biggest crash work to your advantage in just one year. It will take two to three years before it goes all out, but most of it will happen in a year. Because bubbles go until they blow. You can blow up a balloon only so far, and then it pops. The government will keep this bubble going no matter how ridiculous it is. The market bubble is expanding; the economy is slowing. That’s the problem. When this bubble does burst, the market will be down at least 45% in the first two to three months. Now Harry Dent’s indicators are saying that it’s going to be over 50%. This is the fastest fading recovery in history, which is a bad sign. After the greatest money printing in history, just months later the economy is slowing down rapidly, which means it’s worn

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