THE GREAT DEPRESSION VS. THE CREDIT CRISIS: CHAOS & OPPORTUNITIES RICK TOBIN
fter almost seven (7)years
of the ongoing Credit Crisis,
will the financial markets
ease up a bit more in 2014 or will
they tighten up even further?
Interest rates continue to hover at,
or near all-time record lows due to
“Quantitative Easing” strategies
(or “create money out of thin air in
order to artificially boost stock,
bond, and mortgage values”). Yet,
the U.S. economy and financial
markets
seem
to
be
as
nonsensical as ever before.
For anyone who worked in, or
invested in the real estate fields
prior to the start of the Credit
Crisis (www.thecreditcrisis.net),
how many of us still recognize
the real estate and mortgage
industries as we move forward
into 2014? While it is very true