Jump to content
  • Sign Up
Sign Up To Remove Ads! | Purchase An Ad Slot!
Sign in to follow this  
ESET

Iceland's Housing Market Is About To IMPLODE! - The Bubble Will Burst!

Recommended Posts

Josh Sigurdson talks with author and economic analyst John Sneisen about the dramatically overpriced real estate in Iceland as their housing bubble inflates to world record levels.

Iceland has the highest house price growth in the world with 17.8%! That is insane!

John breaks down how central bank interest rates and massive debt based market manipulation is bringing down the housing market and why this will be of epic proportions.
Josh and John also break down what individuals need to do to protect themselves. We can talk all day about how cool it was that Iceland jailed their bankers, but they simply got rid of the machines making the problems and replaced them with others. The script continues to play out. Replacing the central planner isn't going to change the problems of central planning!

Stay tuned as we continue to break this issue down! This problem is popping up all over the world as banks issue collateralized debt obligations/mortgage backed securities just like they did in 2007-2008. A storm is coming.

 

 

Share this post


Link to post
Share on other sites

Your content will need to be approved by a moderator

Guest
You are commenting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.