Real estate expert Fabian Calvo says So, another financial crash is a lock, it’s just when. “Calvo says, “I talk to a lot of people in the business, and they all know it’s coming, but it’s not coming yet. I agree with them. . . . In my business, I don’t buy and hold anything. I buy and immediately sell. . . . This hyper bubble is not just real estate. It’s stocks, government debt and the dollar, as well. I think all of those we could see crash simultaneously. . . . These people are so desperate and arrogant, there really is no telling what they will do. The larger they create this bubble, the more that they fuel this bubble, ultimately, the bigger the crash will be and the more financial devastation and wreckage there will be.”
Calvo buys and sells between $50 million and $100 million a year.
One sure fire way to pop this so called “hyper-bubble” is war. Calvo contends, “I look around, and I see the insanity and the incompetence of the so called leadership in the world today, and I think war is the potential thing that could derail this entire thing. We see the West being belligerent with Russia and the Middle East completely on fire. I wrote a book called “The Global Economic Reset,” and I talked about how a greater regional war, or a world war, could break out over the South China Sea. That, I think, is the biggest black swan we potentially face.”
Join Greg Hunter as he goes One-on-One with Fabian Calvo, founder of The Note House.