” If you pay taxes in California, you need to be checked off …”– Mike Maloney
California has actually just recently begun utilizing taxpayers’ money to money 20% deposits with 0% interest for property buyers, even more pumping up the property bubble. If you’re a property buyer in California, Mike states that you’re being credited keep this real estate market charade going.
It’s another tip that political leaders will typically meddle in the economy, in spite of their absence of understanding of how their policies can impact markets. China and Australia carried out comparable policies and both ended in catastrophe.
However that’s not all– Mike shares a couple of other extremely worrying indication the property collapse is currently occurring.
Mike Maloney is host of the blockbuster video series, Hidden Tricks of Cash; previous Rich Dad/Poor Papa consultant; author of the very popular rare-earth elements book, Guide to Buying Gold and Silver, and creator of GoldSilver.com— a worldwide leader in rare-earth elements financial investments. For more than a years, Mike’s took a trip the world sharing his financial insights with audiences from Hong Kong to Rome and from Silicon Valley to Wall Street. Get a copy of his brand-new book
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