It will be a recession and banking crisis. Prices will fall and people will lose their jobs. Banks will start calling in their loans. Could be this year or a decade from now. No one knows. Unfortunately, the markets are not designed to make everyone a winner. The stock markets will go down first. The property markets will follow. However, most will have to try and ride out the losses. Too late to try and sell sub-prime real estate in a declining market. Glossy sales brochures will be cold comfort by then. Plenty of historical examples to chose from. It is always the same. What would the world be without rampant speculation and high stakes leveraged gambling investing?
