https://youtu.be/jj8rMwdQf6k?si=_zti8RtneRDqglrp Peter Schiff's Masterclass on the housing bubble. Peter Schiff recently reposted on X an old speech he gave to mortgage bankers on November 13th, 2006. In it, he presented his prescient bear thesis about what would occur to the housing bubble, mortgages that were packaged and sliced up in the financial system, and the … Continue reading ChatGPT’s break down of Peter Schiff’s Masterclass on the 2000s housing bubble.
Tag: Housing Crisis
Can Bill Pulte Help the US Housing Crisis? Discussion with ChatGPT.
https://youtu.be/TkDH41t-MR8?si=-iRVaNWQzOQmqd6C Bill Pulte Hearing. Bill Pulte, for those of you who may not know, was appointed by President Donald Trump to lead the Federal Housing Finance Agency (FHFA). He is a legacy grandchild of William J. Pulte, who built homes and started PulteGroup. PulteGroup has built over ~800,000 homes since its founding. As of 2023, … Continue reading Can Bill Pulte Help the US Housing Crisis? Discussion with ChatGPT.
“The Ouroboros Fund” Private Equity and Pension Funds.
I was watching a 2019 interview with Aaron Glantz, who wrote a book called Homewrecker about how a handful of politically connected financiers—including Steve Mnuchin, Wilbur Ross, and Blackstone executives—profited immensely off the 2008 housing collapse. A women in the audience asked him a question that was reminiscent to one of my insights when I … Continue reading “The Ouroboros Fund” Private Equity and Pension Funds.
Australia’s Austerity Measures. What Can We Learn From The Real Cause of the Home / Rental Crisis?
60 Minute Australia aired an episode about the high costs of living crisis in Australia, which includes the high cost of goods and services that occurred due to the pandemic. Around the world, countries are raising interest rates to handle and tame the raging inflation. Basic economics, right? Inflation came from the money printing machine, … Continue reading Australia’s Austerity Measures. What Can We Learn From The Real Cause of the Home / Rental Crisis?
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