What a turd.  Housing prices need to collapse IN HALF or maybe 40% of what they are now to return somewhat to the norm.  The DOW is the most overvalued in history by every real metric and should collapse to 8-10k. Every asset on earth is in a giant bubble except....drumroll....physical silver and gold.  Gold should be something like $2500 right now just to maintain it's normal over 90% correlation with US debt, which would take silver to around 30:1 ratio ($75-90) in the bull run getting there.

But since interest rates have to rise back to historical norms or pensions collapse, and nobody will buy bonds with out of control govt spending, and the govt is unable to service the debt at those interest rates, the only possible thing that can happen to continue the system is MASSIVE inflation to debase the debt.  Either this ship goes down in flames or you will see Zimbabwe style inflation, metals doing a 10x, and interest rates probably spiking to something like 20% again like the 70's.