Massive Foreclosures after Election-Fabian Calvo

October 22, 2012 By 3 Comments

Fabian Calvo buys and sells a $100 million worth of distressed mortgage debt and property a year.  He says, “We haven’t even scratched the surface of being at the bottom of the housing market.”  Calvo predicts, “. . . massive default and massive foreclosures after the election.”   Calvo is an outspoken critic of crony capitalism on his “Fabian4Liberty” YouTube channel that has nearly 2 million views!  Calvo says, “You have to flush out mal investment to get the economy working again and to rework the Constitutional Republic, you have to flush out the criminals who have hi-jacked it.”


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Comments

  1. Avatar of silverbullion silverbullion says:
    October 22, 2012 at 4:40 PM

    Yep, I suppose we’re going to see a landslide of sewer after the election. The above will be nothing short of a frog sitting on the proverbial.

  2. Avatar of NetRanger808 NetRanger808 says:
    October 23, 2012 at 9:02 AM

    Dang Silver got smashed $.61 over the course of the night in Asia..I bought Silver yesterday at a discount..Will buy more and more…simply trying to discourage others from moving from the worthless dollar.

  3. Avatar of Sumkid Sumkid says:
    October 24, 2012 at 7:19 PM

    Wait, does that mean that the 2008 economic crisis will repeat again? The Federal Reserve admits that the only way to function this economy right now is to create a lot of dollars out of nothing by QEs and that QE infinity is a reality.

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