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Posts Tagged ‘Dr. Housing Bubble’

The Royal Bank of Scotland has issued a warning to it’s clients that they should brace for a full market crash in the next 3 months. They have stressed that inflation is going to take hold in a big way and that the S & P 500 could fall as much as 300 points. It’s a very grim prognostication and they warn people that cash is the key.

RBS issues global stock and credit crash alert

Alot of people have been forecasting similar downturns. There is another ugly date coming in the fourth quarter when over 500 Billion in Adjustable Rate Mortgages come due. That report can be read on the Dr. Housing Bubble Website:

Stage Two of the Mortgage Collapse: $500 Billion in Pay Option ARMs Meet the Piper in 2008 with 60 Percent Being in California.

Brace yourselves people looks like some serious wobble is approaching.

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