The Inflation Monster May Devastate Japan First – Ep 801
The Peter Schiff Show Podcast
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The Real Earnings of American Households Are Going to Sink Into the Nasdek Tomorrow
This is an unprecedented decline in the real earnings of american households, and they have to cut back everywhere they can. This is going to be especially true for people who have these adjustable rate mortgages. We had a forty year bull market in treasuries. Now we are probably in a bear market that will last at least a decade, if not more. There is still a long way down to go for all these stocks because they were overpriced. But the fact that earnings are not even coming close to expectations, these stocks need to be marked down in a much bigger way.
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