This economic crisis we are in may end up making you a fortune if you just have the staying power to stay in your home, or the buying power to buy a new home.
The facts are one way or another we have been and are going to spend trillions getting us out of this economic disaster.
Someone down the line is going to have to pay for all this debt we are creating. Someone is going to have to finance this debt.
That means we are going to have to float and sell trillions in government bonds to pay for the trillions we are spending in stimulus plans and, bailing out the banks and auto makers and who knows what other industries with TARP like programs.
At the same time we are instituting a Buy America program, which is not going to make our Chinese and Japanese friends too happy. Guess who usually buys a lot of our bonds.
This whole thing is going to force our government into paying higher and higher interest rates to sell our bonds. This in turn is going to cause our interest expenses to go up substantially as a percentage of our gross domestic product or GDP.
As it always does one thing will lead to another and over a period of time we are going to have a rampant runaway inflation due to all the pump priming and debt floating and money issuing we are doing.
This may be lousy for people living on a fixed income, but if you are a homeowner this is going to be your salvation. The price of your home will go up and up and up with inflation as everything starts to cost more even though it will be worth less. After all this is America. Who could expect any less?
Within a few short years your $250,000 dollar home may be worth 3 times that or $750,000, and within 5 years who knows the sky’s the limit. You could be a millionaire although that will probably be considered a worthless title as our dollar crashes and becomes worth next to nothing. You will probably need to be a billionaire to really be considered rich and I doubt you can reasonably expect your home to appreciate that much due to inflation.
So now that you see the conundrum we are in maybe you can come up with an alternate solution, but hurry we are running out of time. The biggest giveaway in history is about to take place. Happy day stimulus is here again, and we are all going to pay for it with an economic hangover unlike any we have ever known. Maybe it’s better to live in a virtual reality world where money has no value and all you have to do to own a home is to think about it. You do have an imagination, don’t you? You do know what you want, don’t you?
Hi this is Arthur Levine inviting you to join Johnny’s Virtual Reality World and own your home for free by using your imagination at:
http://groups.to/johnnysvirtualrealityworld
Johnny is the principal character in a novel by Arthur Levine called Johnny Oops. Johnny thinks he is a Prophet ordained to deliver the word of God, but sometimes it's hard to decide if he is a Guru or a Charlatan or a Sex Maniac. I leave it to you to decide. Johnny Oops 11 - Timeless - the sequel. Just published Sequin Boy and Cindy on Kindle, please check it out.
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Friday, February 6, 2009
Wednesday, February 4, 2009
Dreaming Up Bigger Homes For Free
Hi I'm Johnny Oops the principal character in the novel by the same name. In Johnny's Virtual Reality World, which I just created a group for on www.Facebook.com I bought a bigger home from a guy who bought an even bigger home. You don't need any money to do this all you have to do is think of it and dream up what the house would look like. There is virtually no end to the possibilities, and you don't have to worry about mortgages, foreclosure, or those nasty bankers who are looking to raise your rate. What I don't understand is why they call it a Flexible rate when they are not.
I have to go now. My author is editing another chapter and guess who is in it. Sometimes I'd like to stay home in my new home. After all I can't be expected to imagine something as great as this any time even if I am a guru and a genius.
I invite you to join my new group.
Your friend Johnny.
Johnny’s Virtual Reality world invites you to create your own virtual reality dream world where everything can be exactly the way you wish it to be. Let your dreams come true. Change your life for the better. You can make it happen. All you have to do is use your imagination. Join us at http://www.facebook.com/group.php?gid=51290726603
I have to go now. My author is editing another chapter and guess who is in it. Sometimes I'd like to stay home in my new home. After all I can't be expected to imagine something as great as this any time even if I am a guru and a genius.
I invite you to join my new group.
Your friend Johnny.
Johnny’s Virtual Reality world invites you to create your own virtual reality dream world where everything can be exactly the way you wish it to be. Let your dreams come true. Change your life for the better. You can make it happen. All you have to do is use your imagination. Join us at http://www.facebook.com/group.php?gid=51290726603
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