George Soros recently made two predictions. First, commercial real estate will decline by 30% in the United States. "It is inevitable, it is written, everybody knows it, there are already some transactions which reflect and anticipate it, so we know, they will drop at least 30 percent." Second, when banks finally begin to lend, the swollen monetary base will lead to serious price inflation. |
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Darren Wolfe is the former Eastern Vice Chair of the Libertarian Party of Pennsylvania. He presently blogs as the International Libertarian http://www.theinternationallibertarian.blogspot.com/ His articles have also appeared in Ammoland.com, (more...)