Cataclysmic Collapse in Housing on the Horizon-Fabian Calvo
By Greg Hunter
2 SEPTEMBER 2013
Real estate expert Fabian Calvo says, “They are pumping up the housing market all the way to the top until—boom. The thing blows up. I think that’s what’s happening and what people are counting on.” Calvo, whose company handles $100 million in distressed debt annually, goes on to say, “You’ll know the cataclysmic collapse is on the horizon . . . when the government starts handing out loans like crazy, and we’re already getting there.” Calvo deals with multi-billion dollar hedge fund managers. Calvo reports, “They all believe once we do reach the end of the road here . . . it’s going to get pretty nasty. . . Will we enter another Great Depression that’s much worse than the original great depression? Yeah . . . When this leg goes down, it’s going to be much worse.” Calvo predicts, “The Fed is just going to keep printing money . . . eventually, that leads to a much bigger economic collapse, which is what many prominent people I deal with on a daily basis believe as well.” If war breaks out in the Middle East, Calvo says, “All bets are off.” Join Greg Hunter as he goes One-on-One with Fabian Calvo from TheNoteHouse.us.