I get calls daily from people asking to buy my house. Headline says real estate sales are likely down 25% this year. Does not say real estate prices will be down 25% this year.

Discretionary purchases such as motor coaches are up MSRP +100K over what they were going for months ago.

The question is not so much what happens to assets but what happens to cash? A currency devaluation amidst a global currency devaluation (ie, BRICS) might mean that King Dollar still comes out on top but everybody takes a hit but if we take a lesser hit, the dollar may strengthen against the basket on the global stage..

Can someone 'splain it to me becos I am not too bright. Where is Cortes?