Not in Real Estate

“It is no measure of health to be well adjusted to a profoundly sick society.” - Jiddu Krishnamurti The LIBOR scandal is enormous.  It can no longer be ignored.   I'm at a loss for words at this point (not shocked, nothing really to say) so I'll let the article speak for itself. The monetary and ...

The LIBOR (London Interbank Rate) rigging scandal is perhaps the biggest Wall Street hurricane yet to come to light.  It is already mind boggling to know that banks do not actually lend you their money for mortgages and other loans as the money (debt) is created out of thin air when you sign the ...

Will this occur worldwide? There is a good chance it will as this system is unsustainable. There have been many resignations worldwide over the past year of top financial/banking officials. Is a new financial system on the horizon? Will it be a transitional system to set in place sustainable syst...