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It is my sincere desire to provide readers of this site with the best unbiased information available, and a forum where it can be discussed openly, as our Founders intended. But it is not easy nor inexpensive to do so, especially when those who wish to prevent us from making the truth known, attack us without mercy on all fronts on a daily basis. So each time you visit the site, I would ask that you consider the value that you receive and have received from The Burning Platform and the community of which you are a vital part. I can't do it all alone, and I need your help and support to keep it alive. Please consider contributing an amount commensurate to the value that you receive from this site and community, or even by becoming a sustaining supporter through periodic contributions. [Burning Platform LLC - PO Box 1520 Kulpsville, PA 19443] or Paypal
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To donate via Stripe, click here.
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Use promo code ILMF2, and save up to 66% on all MyPillow purchases. (The Burning Platform benefits when you use this promo code.)
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I just heard Greg Hunter of USAWatchdog report the fed just injected $251 Billion in one day. WTF is up with that? He supposed it was a reaction to Boeing having lost enormous backlog. Oops-there goes Trump’s ‘promises’ to lower the trade imbalance and create lots more manufacturing jobs.
“injected $251 Billion in one day”
how long will it take for that to show up in, say, gasoline and food prices? if ever?
This will not end well, and maybe even worse than the last go round, as we know will be throwing student debt and bad car loans into the mix.
Paid ours off last year. A wonderful feeling. If only the state didn’t continue to OWN the home and property despite all WE paid for it.
About 10 years ago here. We live in almost the smallest house of everybody we know, but it’s ours.
Ours isn’t that small, but we have ALWAYS lived well below our means, refinanced when the interest rates fell, and made sure that this house was a 15 year mortgage with extra payments along the way.
you get a better picture of the situation if you turn the graph upside down, make that nice positive value a negative ….
Dream on, never gonna happen.
I think gman’s point was that mortgages are just part of the debt hole that people dig for themselves, and that mortgages are at all time highs, and that THAT is a negative indicator.