Neonmoon

She brought her kid to a mass shooting? Daycare must be pretty expensive these days

The hippie movement was big, but there was still a LOT more people that didn’t participate in it.

No one is arguing that we shouldn’t continue to build on the progress. You’re the person making it a choice between continuing to build on progress or monetary reparations. It doesn’t have to be a choice. It can be both. Current Billionaire and Millionaire statistics don’t eliminate the large racial wealth gap between white and black households, a gap that the Federal government was crucial in sustaining for decades. Correct me if I’m wrong, but the issue you seem to have is the decedents don’t deserve the money? Or it won’t do any good, unlike other programs? I think we can kill 2 birds with one stone. Decedents can apply for home loan and get a reduced interest rate by the Federal government. They still have to qualify with assets, income, and credit but can receive a 1% or 2% interest rate. Their payments would be much less, and they could afford a nicer house. They’re still paying for the house just subsidized. In fact, we could include Native Americans and Japanese Internment victims.

Just turned on CNN. They showed the clip of Trump threatening NATO at the beginning but then pivoted to talk about Bidens age for 10 minutes with the panel. The “media” has failed this country. A presidential candidate said he would encourage our enemy to attack our allies and these stupid cunts skip over it and talk about Bidens age for 10 minutes Our country deserves what’s coming

What do you mean brought it bowling, Dude? I didn't rent it shoes. I'm not buying it a fucking beer. He's not taking your fucking turn, Dude

Holy fuck, what is Texas scorecard? Is that a white nationalist publication?

I’d probably be more concerned about the nazi stuff

American Christianity is a cult that believe in guns and white male power.

The burning down of black neighborhoods wasn’t a negative extreme. It was common. Which is one of many reasons blacks have always been in a certain poorer class. They were suppressed, specifically by the government in many cases, which is the point of the entire thread. Pointing out a few black billionaires doesn’t negate the entire injustices of the past 300 years. It’s like saying yeah, we burned down your great grandparents house but at least you don’t live in Botswana.

Gen X being MAGA is not surprising at all. I’m Gen X. We were raised by people that grew up in segregation.

This country is so fucked

The Republican strategy hasn’t changed since Reagan. They’re going to scare the fuck out of Susie homemaker about illegals, minorities, and terrorists until she creams the Letter R in the voting booth. These days, Susie Homemaker is joined by a bigger group of pussies, Research Bros. These pussies are so scared of the world, they work out all day and cosplay like the village people, all because women and queer folk don’t want to fuck them. After they scare these idiots into voting against their self interest, they pass bills cutting benefits and cutting taxes, and these dumbfucks keep wondering why nothing gets better

Step 1 Step 2 Step 3: Profit??

This right here.

Full Scottish Breakfast is the tits

You engage You receive

Just because we’re bereaved doesn’t make us saps

He said housing spike (prices inflated) because housing was under built after the 2000’s financial crises. He was stating that after 2008, we stopped building houses significantly, which led to less supply. So when 3% rates appeared in 2020, demand skyrocketed and we didn’t have the supply to meet that supply, therefore home prices skyrocketed. It was not due to sub-prime mortgages. Free money was a catalyst for sure, but the same reason home prices skyrocketed is the same reason home prices did not crash when mortgage rates hit 8%. We don’t have the supply.

What else isn’t happening today?

Do we have sub-prime mortgages today? It’s almost like a law was passed around let’s say 2010

How much correction are you predicting in the housing industry?

Regarding point 2 I agree regarding corporate debt. The Technology sector in particular. Every Silicon Valley keyboard warrior was hailed a genius for their ideas, but it was on the backs of cheap money. The spigot has been turned off, and many of those inflated companies are facing hard reality now. You could also make an argument for Commercial Real Estate. They are about to go through some things in the next 2 years. Was it all cheap money? Or does remote work share some of the burden? I disagree about the similarities to the housing crisis. While a credit boom did create the housing bubble in 2007, and the cheap Covid money created a price inflation, they are not similar. Lending standards implemented by Dodd Frank don’t allow sub-prime bullshit or unqualified borrowers. We are at all time lows in foreclosures. The housing fundamentals are just different regarding supply. In fact, if it wasn’t for the supply shortage, we might have seen larger drops in price instead of steady gains (I realize some markets like Austin are outliers)

@DixonHur 1. Past: You believe QE was not successful. The evidence you previously provided does not support that. And just because you ignore the central bank papers in the study you provided doesn’t mean they don’t exist. 2. Future: You believe the massive debt burden from QE is not worth the perceived benefits of avoiding the economy collapsing in 2008 or 2020. I agree the massive debt is bad. I’m not arguing the debt is sustainable. It is not. Eventually the house of cards will fall. It doesn’t have to though. There are ways to solve that problem through raising taxes and cutting spending.

"It has as bad, if not worse of a track record than trickle down" That was your original statement, which is not supported by any facts. Even by the paper you supplied as evidence doesn't support your original statement. Now you want to move the goal posts and talk about the future consequences of QE, which has nothing to do with the TRACK RECORD of QE. I would love the discuss the long term implications of QE with a fellow finance brother. (in another thread) Off to stimulate the economy. Later

Did you even read this paper?