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Old 03-27-2020, 07:41 PM
 
2,724 posts, read 4,765,438 times
Reputation: 1042

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Quote:
Originally Posted by Willy702 View Post
Maybe in the double wide you call home the dollar has no value and can be considered kaput. I assure you on the streets of just about every country in the world the dollar still is quite desired and can be exchanged for goods and services.
The middle class thought 2008 was a wake up call, but then they fell back asleep.

Why can't we just print money to pay off debt?

https://www.youtube.com/watch?v=EobPnLZiOo8

Last edited by eventusstultorummagister; 03-27-2020 at 08:19 PM..
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Old 03-27-2020, 07:43 PM
 
2,724 posts, read 4,765,438 times
Reputation: 1042
Quote:
Originally Posted by Cold Warrior View Post

People are broke, and we're about to find out by how much.

The fourth (last) wave...

https://www.youtube.com/watch?v=_Cf7o_YlH5M





https://www.youtube.com/watch?v=p13yZAjhU0M

Last edited by eventusstultorummagister; 03-27-2020 at 08:20 PM..
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Old 03-27-2020, 08:21 PM
 
Location: Southern Highlands
2,413 posts, read 2,032,119 times
Reputation: 2236
Quote:
Originally Posted by eventusstultorummagister View Post
You link to a video explaining why the dollar is and will remain strong? Perhaps you don't understand what kaput means.
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Old 03-27-2020, 08:23 PM
 
2,724 posts, read 4,765,438 times
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Quote:
Originally Posted by Cold Warrior View Post
You link to a video explaining why the dollar is and will remain strong? Perhaps you don't understand what kaput means.
Delayed but not denied, it's coming...
As Louis Pasteur once said, "chance favors the prepared mind".
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Old 03-27-2020, 08:26 PM
 
Location: Southern Highlands
2,413 posts, read 2,032,119 times
Reputation: 2236
Quote:
Originally Posted by eventusstultorummagister View Post
Delayed but not denied, it's coming...
As Louis Pasteur once said, "chance favors the prepared mind".
As Louis Carroll once said "Even a stopped clock is right twice a day". You should just stop now and improve your accuracy.
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Old 03-27-2020, 08:28 PM
 
2,724 posts, read 4,765,438 times
Reputation: 1042
Quote:
Originally Posted by SoHoVe View Post
Nothing unexpected in mortgage applications taking a short term hit.
It's going to be wait and see as far as recovery.
They are expecting a tsunami of foreclosures after the "pause period" of the forbearances.
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Old 03-27-2020, 08:30 PM
 
2,724 posts, read 4,765,438 times
Reputation: 1042
Quote:
Originally Posted by Cold Warrior View Post
As Louis Carroll once said "Even a stopped clock is right twice a day". You should just stop now and improve your accuracy.
OK Mr. Realtor, you can scamper off now and get back to hoarding cupcakes.
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Old 04-01-2020, 07:37 PM
 
2,724 posts, read 4,765,438 times
Reputation: 1042
"the Fed will then apply 10x - or much more - leverage to make any collateral it makes loans against "money good", bailing out any and all asset holders while triggering the endgame of the US dollar as the world's reserve currency, because without even a veiled pretense of scarcity, the dollar literally becomes less valuable than toilet paper."

https://www.zerohedge.com/markets/ho...icopter-credit


"So congratulations America, you were just bought by a group of anonymous bankers with your own elected politicians making it possible. The price? $1,200 per person for a month or two."
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Old 04-03-2020, 07:41 PM
 
2,724 posts, read 4,765,438 times
Reputation: 1042
Moody’s Mortgage Meltdown Warning Rings 30% Default Doom Scenario


https://www.ccn.com/moodys-mortgage-...doom-scenario/


Failed Semi-Pro Landlords Will Make up the Bulk of Defaults
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Old 04-04-2020, 02:39 PM
 
Location: Here and there, you decide.
12,908 posts, read 28,004,431 times
Reputation: 5057
Quote:
Originally Posted by eventusstultorummagister View Post
OK Mr. Realtor, you can scamper off now and get back to hoarding cupcakes.
I was wondering where all the damn cupcakes went...

They are now hoarding butter in Florida
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