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Post by code on Sept 11, 2022 17:28:16 GMT
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Post by walnut on Sept 11, 2022 19:54:50 GMT
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Post by glennkoks on Sept 12, 2022 1:08:00 GMT
The next scam coming down the pipeline. ESG Investing.
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Post by code on Sept 12, 2022 3:31:53 GMT
Had a pair of dobbies once. Heidi and Dillinger. He was BIG not sure if he was a purebred, she was classic. Original owner had taken out her voice box so she could sneak up on you and scare the p*** out of you.
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Post by missouriboy on Sept 13, 2022 3:52:13 GMT
So long, farewell, auf wiedersehen, good-bye
San Francisco Is On The Verge Of An Economic Reckoning
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Post by Sigurdur on Sept 13, 2022 11:14:44 GMT
So long, farewell, auf wiedersehen, good-bye
San Francisco Is On The Verge Of An Economic Reckoning
Weak men create hard times |
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Post by gridley on Sept 13, 2022 11:48:43 GMT
So long, farewell, auf wiedersehen, good-bye
San Francisco Is On The Verge Of An Economic Reckoning
Weak men create hard times Yeah, but SF has the rest of CA to bail it out. CA is falling apart itself, of course, but something that big takes a while to fully collapse. And at least for a while CA can force the rest of the US to bail IT out. |
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Post by code on Sept 13, 2022 12:15:46 GMT
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Post by code on Sept 13, 2022 12:19:19 GMT
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Post by walnut on Sept 13, 2022 13:16:24 GMT
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Post by missouriboy on Sept 13, 2022 13:21:08 GMT
Rather powerful graphic.  |
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Post by glennkoks on Sept 13, 2022 14:15:04 GMT
Inflation numbers surprised to the upside today. Blamed mostly on rising rents. I just listened to an analyst on Bloomberg say that the average mortgage on a new home is up 60% from one year ago. He brought up a point I did not think about. The increased mortgage costs have put new home ownership out of the reach of millions of potential buyers. They are forced to rent driving up prices in a tight market.
Which is a perfect example of why inflation is so hard to stop once it gets rolling.
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Post by missouriboy on Sept 13, 2022 15:00:55 GMT
Inflation numbers surprised to the upside today. Blamed mostly on rising rents. I just listened to an analyst on Bloomberg say that the average mortgage on a new home is up 60% from one year ago. He brought up a point I did not think about. The increased mortgage costs have put new home ownership out of the reach of millions of potential buyers. They are forced to rent driving up prices in a tight market. Which is a perfect example of why inflation is so hard to stop once it gets rolling. Which in turn, pushes up demand for space at Mom and Dad's place ... which relieves some of the pressure on prices ... but may raise blood pressures. |
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Post by missouriboy on Sept 17, 2022 0:47:32 GMT
All Sunshine and Daffodils it Seems
FedEx Nukes "Economy's Doing Fine" Narrative, Global Stocks/Bonds Lose $4 Trillion In Week
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Post by walnut on Sept 17, 2022 2:55:44 GMT
Inflation numbers surprised to the upside today. Blamed mostly on rising rents. I just listened to an analyst on Bloomberg say that the average mortgage on a new home is up 60% from one year ago. He brought up a point I did not think about. The increased mortgage costs have put new home ownership out of the reach of millions of potential buyers. They are forced to rent driving up prices in a tight market. Which is a perfect example of why inflation is so hard to stop once it gets rolling. At some point, businesses begin to arbitrarily hike prices without much science, we have been doing that. Just name your prices. A combination of a fear of losing economic ground, and a "well just screw it" attitude.
During a normal economy, we wouldn't dream of doing that for fear of upsetting relationships with established customers. See how dangerous inflation is when it gets to this point?? Believe me, we are past that point now.
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