Greatest Financial Crisis And Housing Market Crash In History (2024 -) With Mike Maloney

Thanks for having me on your channel. Let’s do it again soon.

At 67, mike is investing lots of time and effort building a fortress for only the 13 years he has left on this planet. 13 years feels like a few years near the end.

you are dreaming

Let Mike talk!! He is your guest...and you're making him listen to you.

Inflation sucks!!! I'm never going to get a blue party hat...
If you understand, leave a comment 😉.

London is terrible

Maybe in the US. Not in Canada. We have a base population of about 40 million people (2022) We let in about 1.5 million newcomers since then. Plus we have about 750 thousand international students who want to stay in Canada. They came in through student “visa’s”. Studying was a priority. Finding a way to get in Canada was the first priority. Our housing is booming. Want to know why? Immigration. Just fabulous. We cannot build houses fast enough. Take Ottawa as an example. Within two years, there will be more real estate millionnaires in Ottawa than Toronto and Vancouver. Isn’t that fantastic.

Housing crisis triggers a market crash or a financial crisis, it could send shockwaves through the stock markets worldwide. I’m worried about my investment of over $600K stocks. Is this a time to consider diversifying my portfolios?

If the gold you buy isn't in your hands to touch, then it is worth a cent

America ends up not able to pay their troops they will return home. Same happened to the Roman empire.

When does this suppose to happen?

One day, all governments will realise that every country has expertise and/or resources that could be shared by everyone to ensure a war free and sustainable healthy conflict free world, where everyone could thrive and prosper. But when will that happen? Will it ever happen before wars will continue to destroy most of the incredible human achievements? As a first step, every country that has borrowed imaginary money from the various world banks, should send their banks a piece of paper with a note of the imaginary money and interest currently 'owed' as full repayment as the start of the great reset. These banks have already criminally extracted trillions in interest on money that never existed!

Thing is, this is different than before. The powers that be want to create a new digital nightmare financial system. This is unlike anything we have seen before. Boomers think they can just buy gold and silver. The system is not going to leave other avenues open. You either get on board with the dystopian nightmare of "you will own nothing and be happy" or you are on your own.
Prepare

I believe we are headed for a crash. Question
I am not sure how gold and silver play a part in the coming crash. Gold has huge value and so will silver and how will they be used to live? Especially bartering.

Mike Maloney is a sage.

Great video makes a lot of sense

Maybe all the multi family housing is for the migrants.

This country has been finished for a long time now 😟

Sucks reality

What happens to huge banking housing investment companies if their housing stock goes down in value by 40%?

Well its about time we got a crisis like this. Its obviously going to be worse than 1929.

Could the home value over pricing have anything to do with when student loans came into play in the 90"s then people made a bigger habit of having to finance their homes to pay for student loans

It has to crash if nothing changes. Thanks Biden.

Thanks

I honestly cannot wait, bring it on. 50% would be great. 75% is what's needed.

For stocks, P/E is a good indicator. The hours worked to buy the SP500 for instance doesn't take into account the massive increase in price due to share buybacks in recent decades, which in recent decades have exceeded dividends in value. Buying the SP500 buys you a much larger portion of the companies than it used to before this, as they have eliminated many of their shares through share buybacks rather than paying out dividends.

Note that the stock market is still overvalued by historical standards in both immediate term P/E and CAPE ratio P/E, but not as much as some of those other graphs made it out to be. We are still in an everything bubble.

I hear the assessors that assessed that building for 65 mill 2 years ago are the same crew that reassessed it for 16 mill last month. Nothing to see here

One of the best episodes yet!

As a poor retiree (rent poor after losing my nestegg and house to medical debt), I believe everything you've explained and I can only pray for a miracle to escape the country altogether with my pets before we starve to death on the street. I've already had to sell the car. 🙏😢 After working for 50 years, I am completely disgusted being stuck here.

When! Stock market is not scared!

Good news

We will have to force this correction ourselves!

More clowns, selling their crap with some doom and gloom ‘cause they missed out on market gains over the last few years. Throw your darts, don’t buy into this sales sh!t, and don’t pay for ‘services’…

Looks like typical ’ZeroHedge’ bs ;)

Oh pulease!

Do yourself a favour and educate yourself on the history and what actually is the US Federal Reserve. When questioning the US Federal Reserves comments, knowing the truth of their existence will give you greater clarity.🧐

Great interview with Mike. I believe holding utility cryptos are better than gold and silver. The devils can mutate dangerous virus to control the world population so staying healthy and survive through more pandemic is not going to be easy

looks likje this is happening..Nobody is renting office spaces..Housing bubble coming

Mike I have been in Silver and Gold since 2009 and I plan to stay in that market till I get back my 4590 K in 2024 -2025.Then I'm going were I should have in 2009.I'm going to CN/CP Railroad shares Canada. I would have had 1.7 million in Railroad from 2009 to 2024.

Cant wait.

So what are we meant to do? Sell our houses? And try to time it to buy back in?

Not while the fed orders the turbo charger water cool printers.

i dont have a family so i only need to work part time to fund me.
parents will have to work harder if they want a better society. meh.

Bidien is Obamas's puppet causing this huge problem . . .FJB!!

Thank you

So what is the bottom line ??

Will house prices come down?

Or interest rates come down?

What is the prediction?

Great video

This dude reminds me of a caracher from an episode of Colombo !

I've been waiting on it.