Josh Sigurdson talks with author and economic analyst John Sneisen about the coming burst of the UK real estate market bubble. John breaks down how this will effect UK residents and investors as artificially low (or possibly negative) interest rates threaten havoc and countless major firms freeze assets. Corporations like Aberdeen have cut property funds by 17% and has suspended redemptions.
Henderson Global Investors, Columbia Threadneedle and Canada Life have also suspended redemptions.
This is only the beginning but it surely feels like deja vu for many. As the global markets are on the precipice of collapse, we can thank out of control manipulation and government intervention in markets not to mention corporatist planning and monopolization.
From ghost cities in China to Detroit’s tragic bubble burst, these aren’t secluded situations. Let’s stand up for individualism and freedom in the markets. Let’s stop repeating history time and time again, each time to a far more extreme level.
We will continue to update you on this situation. Stay tuned!
Video edited by Josh Sigurdson
John Thore Stub Sneisen
Graphics by Bryan Foerster and Josh Sigurdson
Visit us at www.WorldAlternativeMedia.com
LIKE us on Facebook here:
Follow us on Twitter here:
Help keep independent media alive!
Pledge here and you may be rewarded!
World Alternative Media
“Find the truth, be the change!”