The Stadtholder and the Grand Pensionary circa 1672

EXEC Summary The House of Orange held the position of Stadtholder, a similar role to that of President. This office was for life and the holder would be chosen by a regency council (similar to the House of Lords in Britain). However, by the 17th century the office had become a hereditary position for the House…

NOT in a RECESSION. A Shock, YES!! NB news of a collapse has bee greatly exaggerated. Compare today’s SARS-CoV-2 Realty Market to 2001 –ONLY!

Why? Because we’re not in a Recession (2 consecutive Quarters ie 6 months, of negative growth) or Correction or Downturn or Depression (euphemisms all) And ALL those need a Military or Fiscal (gov’t budget), or Financial (stocks and banks), or Monetary  (value of currency) or Economic (nobody wants what we make – at the prices…