Replies to post #585928 on Mr Cooper Group Inc (COOP)

[lodas]

jhdf51.....as you have read, at some point in the future, the interest rates on bank deposits could go negative, which means you will have to pay the bank to hold your money...I also read where , in some countries in Europe, there are negative mortgage rates, in which the lending agencies will pay you to take out a mortgage.....where to put money when this happens?.....well a safe deposit box in your home is good place as any to store your wealth...it is readily available when you need it, and cash will be king...the best investment will be real estate, simply because when inflation begins, it will take more dollars to buy real property, as money becomes worthless.. property values will soar...what you see now is people with real wealth putting money in Bonds and T-Bills driving down the rates in fear....only higher rates on T-bills and government bonds will entice this money to return to the government, and hence inflation.. it will cost more for the government to borrow, cost more to service the national debt, and hence paper printing is the only way out for this government...if china asks for their debt, held any our government, we have a choice to give them paper, or default on our debt...this movie will not end well, I am afraid...Keep your dollars safe... others will want them.... Lodas