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Turning Hard Times into Good Times

Turning Hard Times into Good Times

Tuesday at 12 Noon Pacific

July 05th 2011:Greenspan’s Housing Depression, Its Consequences and What You Can Do About It

Existing-home sales fell 3.8%. And with so many homes on the market begging someone to buy them, new housing starts are mired at deep depression levels. The housing depression has created a catch-22 situation. With rapid declining prices in the housing market, Americans are less inclined to sell their houses in order to find jobs in growing areas, therefore unemployment stays at very high levels. Americans have used up their privilege of borrowing from their homes to take expensive trips, buy new cars and create a pool of debt. As the market has been saturated with foreclosures, banks are r

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David McAlvany

David McAlvany is the President of the McAlvany Financial Companies, McAlvany Wealth Management and ICA, a 36-year old precious metals brokerage firm. He has been a featured speaker on radio and around the country analyzing world events and their impact on the global economy and financial markets. David can be heard weekly on his market commentary at www.mcalvany.com David is a graduate of Biola University and an associate member of Keble College, Oxford University, where he studied philosophy and political theory. He then went on to achieve honors as a top salesman with the Southwestern Company and gained extensive business expertise with Morgan Stanley, in California. His internation
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https://www.voiceamerica.com/show/1501/turning-hard-times-into-good-times 18/11/2017 11:00 18/11/2017 12:00 Turning Hard Times into Good Times https://www.voiceamerica.com/show/1501/turning-hard-times-into-good-times Existing-home sales fell 3.8%. And with so many homes on the market begging someone to buy them, new housing starts are mired at deep depression levels. The housing depression has created a catch-22 situation. With rapid declining prices in the housing market, Americans are less inclined to sell their houses in order to find jobs in growing areas, therefore unemployment stays at very high levels. Americans have used up their privilege of borrowing from their homes to take expensive trips, buy new cars and create a pool of debt. As the market has been saturated with foreclosures, banks are requiring larger down payments and enforcing stricter lending rules. David McAlvany outlines how individual households can preserve their wealth and assets while debt and inflation consume the value of the dollar and US economy. Also, executives from Crocodile Gold & Pele Mountain will be interviewed. VoiceAmerica | Talk Radio | Online Talk Radio studio@voiceamerica.com false DD/MM/YYYY Add to Calendar
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