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Economic Tips For February 2014

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Here are 10 Tips that will significantly help you and give you greater insight into how I view the world of economics.

Tip #1
A unified duress and non-duress appraisal system would significantly help with U.S. real estate market and overall economic recovery.

Tip #2
Mandatory lender modifications in all consumer debt categories would significantly help with overall U.S. economic recovery because they would decrease consumer expenses and increase consumer disposable income.

Tip #3
Mandatory short sales in all consumer debt categories, when modifications are not possible, would significantly help with overall U.S. economic recovery.

Tip #4
Creditors pursuing students and cosigners of delinquent college loans, which are skyrocketing, will only cause further and further U.S. economic deterioration.

Tip #5
It is mathematically impossible for the U.S. economy to recover if all 6 fundamentals that the economy is founded on continue to decrease.

Tip #6
What makes the current U.S. economic crisis worse than any other in history is that all 6 fundamentals the economy is founded on have been decreasing for the first time in history since 2005.

Tip #7
The 6 fundamentals the U.S. economy is founded on work in a chronological, domino, ripple effect order. If the first one increases, the other 5 will increase which results in economic growth and prosperity. However, if the first one decreases, the other 5 will decrease which results in economic deterioration.

Tip #8
The conceptual problem with the U.S. economy is that all 6 fundamentals it is founded on have been decreasing since the year 2005.

Tip #9
The conceptual solution for U.S. economic recovery is that government and corporate leadership must take the appropriate action to get the 6 fundamentals increasing again.

Tip #10
Many so-called economic experts, who predicted in 2007 that the U.S. economy would be back on track by 2009 now realize that they were very, very wrong.

Remember to look for my “Economic Tips For March 2014” article in about four weeks.

Respectfully,

Phil Mitsch

Agents’ Note: Phil Mitsch is America’s leading economic recovery, real estate, lending and motivational coach. He is also the real estate industry’s all time, top producing residential Realtor. His 1) biography, 2) testimonials, 3) seminar topics, 4) books, 5) videos, 6) audios, 7) economic recovery tips, 8) real estate tips, 9) lending tips and 10) motivational tips can be found at www.PhilMitschForAmerica.com. For further information, contact Phil Mitsch Enterprises in Cherry Hill, New Jersey at 856-665-6569, on Twitter at @philmitsch, or by email to philmitsch@verizon.net.

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