Government Shutdown and Debt Ceiling Debate - Ramifications for Investors

Published: Oct. 14, 2013, 1 a.m.

b"Because the US dollar is the reserve currency of the world, what happens in Washington DC and at the Federal Reserve has a big effect on the rest of the world.\\nLikewise, how the world responds to Washington and the Fed affects the strength of the US dollar, which in turn affects interest rates.\\xa0 And interest rates affect real estate investors.So while the government shutdown is one level of stress, a possible debt default is a potential crisis of much larger proportions.\\xa0\\nHow will it all play out?\\xa0 While a traditional default is unlikely, it's very likely the debt ceiling will be raised and the dollar will continue its slow and steady slide.\\xa0\\nWhen you're buying a property and getting a loan for the long term, the long term direction of the dollar creates both challenges and opportunities every real estate investor should be aware of.Listen in as The Guys discuss the government shutdown and the great debt ceiling debate on The Real Estate Guys\\u2122 radio show!The Real Estate Guys\\u2122 radio show provides real estate investing news, education, training, perspectives and resources to help real estate investors succeed.\\xa0 Learn more and subscribe to the free newsletter at www.realestateguysradio.com"