Ep 163: The Coming Housing Bubble and Recession – A State of The Economy Update

So what does the economy look like in the near future for us working class citizens who have to actually work and pay for things with our hard earned money?

Have you ever heard the economy works in cycles? Well, it is true, there are good times and bad times; well, it is part of the economic cycle. If you pay attention and are prepared, in most cases you can weather a downturn, even a nasty one, in the economy. In some cases, you can even grow your wealth. The problem is most Americans do not pay attention, we definitely know our politicians don't and spend our tax dollars like drunken sailors. Does that mean we should all do the same?

The second leg in The Three-Legged Stool of The Simple Life is Financial Freedom. The key to Financial Freedom is not following the herd to indentured servitude of lifelong debt. Today Rob Kendall and I discuss, the storm that is coming in the housing market and a future recession. We both firmly believe they are unavoidable, the debt is due and someone is going to have to pay for it!

The key is to make the right financial moves, and ignore most of the advice the financial institutions and federal government are telling us, as they do not have your best interests at heart.

Rob Kendall is the co-host of the Kendall and Casey Show heard 9:00 AM to 12:00 PM EST on 93.1 WIBC Radio, Indianapolis. Prior to joining WIBC, Rob served as an elected official for the Town of Brownsburg, where he proudly claims massive tax cuts and government reform as his greatest accomplishments.

Topics Discussed:

* Why Rob decided to buy a home now in an overly inflated housing market

* Why there are always deals to be had in real estate, even in a hot market

* How Americans get duped into overpaying for a home

* How and why most American lose big in their houses

* What is the key to properly financing a home

* Why the housing market is primed to burst, even though the financial and real estate industry is telling you different

* Why a world of economic hurt for Americans is unavoidable

* How to survive and thrive in a terrible economy

* Why the sugar rush of fiscal stimulus has to come to an end

* Our predictions on how high interest rates will have to go

* Why the midterms are not the answer to our financial woes

* Why the American Dream is a steaming piece of you know what

* How to thrive and live the life you want, once you know how the game is played

Episode Resources:

The Kendall and Casey Show: https://www.wibc.com/show/kendall-and-casey/

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