Stagflation 2021 and Off Market Houses Los Angeles

Dollar destined for ruin as inflation takes control. #stagflation #2021

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Consumers expect stagflation, according to University of Michigan, as “bullish exhaustion” might be setting in. U.S. consumer sentiment dropped to a 6-month low, falling well below analyst expectations. Personal income outlook fell as well, while inflation expectations soared, hitting a seven-year high. Consumers today expect an inflation rate of around 3.3%, indicating rapid growth in inflation fear. While business prospects are also expected to decline, prices are expected to soar, and consumers are predicting stagflation — persistent high inflation, high unemployment and stagnant demand, similar to what occurred in the 1970s. Caused by massive federal government handouts and federal reserve money printing, inflation can normally only be resolved through higher interest rates and recession. Without these needed corrections, the dollar would eventually end up like the Weimar Deutschmark or Zimbabwe dollar, making us billionaires or trillionaires, but with more inefficiency, and less real wealth than normal. Suburban home prices have already exhibited real signs of inflation, according to Barron’s.

The US economy is drowning in cheap debt, low growth and structural problems, delivering years of high unemployment. The U.S. looks to be in or heading towards stagflation. That will require substantial fiscal stimulus to keep the bottom half of the economy afloat. The political solution is to keep printing more money, and to delay the downswing, while the economic solution is to let the cycle play out. History suggests that the world will try to take the easy way out, and we shall lose control to runaway inflation.

TheStreet.com says there’s no use crying about stagflation. Profit from it! The Bureau of Labor Statistics just released a brutal jobs report, which showed a disappointing 49,000 jobs added in January, and a net negative revision of 159,000 jobs from the preliminary November and December reports. The Democrats are ramming through a stimulus package without a single Republican vote, with zero thought on how to pay for the trillions in stimulus, or the long-term effects of over-spending, while shrinking GDP.

We’re talking about one of the most feckless, fiscally irresponsible acts of destruction of the creditworthiness of the USA. That is not fully comprehended in a 10-year US Treasury note yield of 1.16%.

There is no use crying about it… buy some NFTs, and set your portfolio to profit from Stagflation.

Unlisted Homes in L.A.

What’s the biggest secret in LA real estate? Secret homes, of course. In some markets, upwards of 50% of the best deals are sold before they are ever listed. These pocket listings, and other off market properties, often dominated by a few top real estate agent teams, so powerful, that ordinary real estate agents complain, and even file lawsuits and try to get them outlawed.

Get a free list of off market houses in Los Angeles and your favorite neighborhoods. Fill out the online form:

Secret inventory of homes in LA

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Lady Gaga Pooches Dognapped Near Los Angeles Home

Lady Gaga with her three french bulldogs before two were kidnapped. #gaga #dogs

REAL ESTATE NEWS

Downtown dog lovers sympathize with the creative pop music artist who lost her two dogs, Gustav and Koji, in the violent gun attack of her dog walker February 24. The dog robbery left the walker injured with a gunshot, two dogs stolen and one escaped dog, Miss Asia, which was recovered later by Gaga’s bodyguard.

Gaga, who owns at least two properties in Los Angeles, was not home at the time of the incident. She was shooting the film Gucci in Italy.

Reportedly, the attack did not happen near her Malibu home above Zuma Beach, but closer to her Hollywood abode. Police report that the crime occurred about 5 miles south of Gaga’s Hollywood Hills home, some distance from the former Frank Zappa studio house in Laurel Canyon.

A $500,000 reward is being offered for the safe return of the pets, using email address KojiandGustav@gmail.com

Here are homes for sale near Gaga’s Malibu estate. And here are homes for sale near her Hollywood home. The actual crime happened closer to this neighborhood by Sierra Bonita.

Get a free list of pet friendly lofts in Downtown Los Angeles or any neighborhood. Fill out the online form:

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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.