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re: Are these quotes from MAGA, Bernie Sanders, Obama, or AOC?
Posted on 4/7/25 at 8:17 pm to Pandy Fackler
Posted on 4/7/25 at 8:17 pm to Pandy Fackler
To me, other than the polarity and emotionality (Which lead to irrationality), this is just arguing the underlying economic issues. People know we've propped up the economy with artificially low interest rates and spending trillions since 2008 and Covid-era spending popped that bubble. The "high" interest rates we've had to live with since the Covid-era inflation began created and underlying crisis in confidence and the government doesn't many many bullets left to fire. Hence, populism and leftism and this anti-successful rhetoric from "the right".
The scary part is this tariff policy is creating a whole new, separate concern. If it snowballs with the stuff I wrote above....as I said, my plan is a 9mm bullet. I don't think I have what it takes for post-apocalyptic living.
The scary part is this tariff policy is creating a whole new, separate concern. If it snowballs with the stuff I wrote above....as I said, my plan is a 9mm bullet. I don't think I have what it takes for post-apocalyptic living.
0
Posted on 4/7/25 at 8:17 pm to NC_Tigah
quote:
Should it?
Really?
Yes. We had a very large correction that was artificially thwarted.
We still haven't paid that piper yet, either.
Posted on 4/7/25 at 8:20 pm to SlowFlowPro
quote:
bruh Have you ever thought that these catch phrases ingrained in your head that you feel the need to repeat are intentionally used by other "heavy weight influencers" to backdoor leftism?
Bruh,
Have you ever understood that these catch phrases are used because they define the actual people or institutions that are trying to control the world? Leftism is the pure definition or origin that brought on these “catch phrases that you blindly believe to be strawmen”. Dude really? I had more respect for you than this.
quote:
And I argue having GDP decrease hurts that goal, by decreasing tax receipts
We have discussed this also. Yes the gdp needs to be back above 4% or higher. Well sometimes you have to fix the foundation prior to building the structure. Printing money will increase gdp and also cause other problems. You know this but seem to avoid it like the plague.
Posted on 4/7/25 at 8:22 pm to Warboo
quote:
Have you ever understood that these catch phrases are used because they define the actual people or institutions that are trying to control the world?
That comment makes a few assumptions, primarily that this exists.
quote:
Printing money will increase gdp and also cause other problems. You know this but seem to avoid it like the plague.
Your vacillating between trade policy and spending policy.
Posted on 4/7/25 at 8:23 pm to SlowFlowPro
quote:clearly too steep???
Again, that slope in the 00s until 08 was clearly too steep, and then the following correction was not long enough.
It represents about a 3% real growth
Posted on 4/7/25 at 8:26 pm to NC_Tigah
quote:
clearly too steep?
It was a bubble, no?
The crash was in large part due to over-valuation, right?
That increased the slope dramatically.
quote:
It represents about a 3% real growth
So even in a bubble, it wasn't a good wealth-building tool?
Posted on 4/7/25 at 8:26 pm to SlowFlowPro
quote:So you think folks who bought homes in 1990 and sold in 2005 should have lost money over that 15yr span?
We had a very large correction that was artificially thwarted.
Posted on 4/7/25 at 8:27 pm to SlowFlowPro
quote:Do the graphs indicate a bubble??
It was a bubble, no?
Posted on 4/7/25 at 8:29 pm to NC_Tigah
quote:
Do the graphs indicate a bubble??
This post was edited on 4/7/25 at 8:32 pm
Posted on 4/7/25 at 8:31 pm to SlowFlowPro
quote:
"middle" class. Right now that's about 195k
Who has said middle class is 195K?
Posted on 4/7/25 at 8:33 pm to maizegoblue
quote:
Who has said middle class is 195K?
A lot of people on this board making 195k who identify as "middle class"
IIRC, we've had people in the 300k range claim it over the past couple of years.
Posted on 4/7/25 at 8:35 pm to SlowFlowPro
I’m sure everyone on here makes $195K or $300K
Posted on 4/7/25 at 8:37 pm to maizegoblue
quote:
I’m sure everyone on here makes $195K or $300K
Until recently, the demos of this board were skewed way high.
Lots of new blood flooded 2019 and onward that has pushed that back down closer to the national demos
Posted on 4/7/25 at 8:38 pm to maizegoblue
quote:
I’m sure everyone on here makes $195K or $300K
But none of them wear khakis, because those are for figs or something.
Posted on 4/7/25 at 8:39 pm to SlowFlowPro
quote:
It's pretty clear. The federal government engaged in multiple policies to purposefully inflate RE prices after the 2008 crash. This didn't end until 2022.
So you are saying the primary reason the fedgov (and fed reserve I assume) suppressed interest rates to inflate real estate prices? And this created some sort of fools gold that real estate was a “wealth creating” asset?
quote:
Which comments are contradictory?
I guess maybe nothing, if the above is true. But it certainly doesn’t make sense.
Posted on 4/7/25 at 8:40 pm to SlowFlowPro
quote:
Printing money will increase gdp and also cause other problems. You know this but seem to avoid it like the plague. Your vacillating between trade policy and spending policy.
I was talking about both as they both directly influence our economy. Trying to deflect from the core problem (spending and trade deficits) or pointing to one instead of both/multiple problems is misleading. You can argue each individual issue that the US struggles with but it is a combination. Pull of your lawyer hat and address the issues without making a gotcha moment out of single parts of a multi-issue problem. I respect your intellect but your insufferable way of using quotes or individual parts of an issue rather than looking at the whole issue is cringe. It’s the lawyer being a lawyer coming out of you. Truth be damned. Win the case!!!
This post was edited on 4/7/25 at 8:43 pm
Posted on 4/7/25 at 8:40 pm to Flats
quote:
But none of them wear khakis, because those are for figs or something.
Wait what? I missed this
Posted on 4/7/25 at 8:49 pm to OceanMan
quote:
So you are saying the primary reason the fedgov (and fed reserve I assume) suppressed interest rates to inflate real estate prices?
General inflationary policies but with RE being the primary focus.
quote:
? And this created some sort of fools gold that real estate was a “wealth creating” asset?
Well if the increase in value (compared to other investments) was due to manipulation by the state purposefully inflating it, this would mean it's a less attractive investment, wouldn't you agree?
quote:
But it certainly doesn’t make sense.
Why not?
You know how people argue "housing has become unaffordable"?
Well this is why, primarily. This isn't about trade or "the middle class" disappearing. This is simply the intended effect of specific government policy.
It's more than just QE/ZIRP
How FHA has prevented foreclosures.
Posted on 4/7/25 at 8:52 pm to SlowFlowPro
You've posted a graph with a different ordinate measure. Nonetheless, the "bubble" is simple to assess, even using the nominal area unadjusted CSI as a measure, and even given those flaws, the "crash" was substantially overdone.
This post was edited on 4/7/25 at 8:55 pm
Posted on 4/7/25 at 8:54 pm to NC_Tigah
Did you miss the 2nd bubble? 
Again, without (a shite ton of) government intervention, that post "crash" slope isn't nearly as steep, either.
The bubble is just bigger, now, with a larger potential fall once it pops.
Again, without (a shite ton of) government intervention, that post "crash" slope isn't nearly as steep, either.
The bubble is just bigger, now, with a larger potential fall once it pops.
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