Author Topic: The Economy is Going to Implode  (Read 36817 times)

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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #460 on: July 18, 2017, 01:03:27 PM »
This can't be right...

http://www.zerohedge.com/news/2017-07-18/bitcoin-rallies-much-feared-network-split-appears-be-avoided

How can the crypto currencies be up...and the Dollar Down Under, and the Yuan, and the Euro, and just about everybody but the Pound which is only down slightly...where's the other side of this balloon?!

Commodities?  Au Ag not too impacted...

Somebody dump a sh*tload of hogs for other sh*t?   ::laughonfloor::
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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #461 on: August 29, 2017, 11:10:23 AM »
Irrumabo!  GOP? - Nope. No more. They made their bed, now let them die in it.*
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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #462 on: April 07, 2018, 01:07:20 PM »
Even after the last cratering of prices and a return to higher (but in many cases still not above past peaks) I find this incredible -



https://www.zerohedge.com/news/2018-04-04/how-much-income-you-need-afford-average-home-every-state

Obamunism did so much damage to property values and jobs and wages.

If another dipstick like Obama gets control of the government again it could get fugly quick.

Still, another dipstick like that and it might not matter anyway...leverage up!

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Online ToddF

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Re: The Economy is Going to Implode
« Reply #463 on: April 07, 2018, 08:15:43 PM »
Now browsing real estate in Cedar Rapids.  Very nice to see I can get something for much cheaper than the Twin Cities.  And in that rare city that's Republican run.  And it shows.  There are no bad neighborhoods in CR. 

Offline Libertas

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Re: The Economy is Going to Implode
« Reply #464 on: April 08, 2018, 10:44:44 AM »
Now browsing real estate in Cedar Rapids.  Very nice to see I can get something for much cheaper than the Twin Cities.  And in that rare city that's Republican run.  And it shows.  There are no bad neighborhoods in CR.

Yeah that looks like a safe haven, might get some thru-traffic of a nefarious sort, hopefully they blow on through.  Some of the surrounding towns that have a high concentration of itinerant farm laborers primarily of Latino heritage and questionable legality have the attendant crime issues.  Cedar Rapids' primary challenge seems to be periodic flooding of the Cedar River.  I could see myself settling in the Czech Village under the right circumstances.
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Online patentlymn

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Re: The Economy is Going to Implode
« Reply #465 on: April 08, 2018, 06:57:32 PM »
Now browsing real estate in Cedar Rapids.  Very nice to see I can get something for much cheaper than the Twin Cities.  And in that rare city that's Republican run.  And it shows.  There are no bad neighborhoods in CR.

Yeah that looks like a safe haven, might get some thru-traffic of a nefarious sort, hopefully they blow on through.  Some of the surrounding towns that have a high concentration of itinerant farm laborers primarily of Latino heritage and questionable legality have the attendant crime issues.  Cedar Rapids' primary challenge seems to be periodic flooding of the Cedar River.  I could see myself settling in the Czech Village under the right circumstances.

The meat packing plants suck in the low skilled immigrants who are a net drag on the taxpayers.  Any of them near Cedar Rapids?

Ever notice that when liberals threaten to leave the US it is always to mostly white countries with stricter immigration laws than the US?

Do what the liberals do:

Quote
The median age in Cedar Rapids is 6% lower than Iowa. In Cedar Rapids 86.69% of the population is Caucasian. In Cedar Rapids 6.21% of the population is African American. In Cedar Rapids 2.66% of the population is Asian.
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Online ToddF

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Re: The Economy is Going to Implode
« Reply #466 on: April 08, 2018, 08:39:47 PM »
Yes, just have to stay out of the flood zones.  I don't need that hassle.

I don't remember any meat packing plants.  The major employers are Rockwell Collins and the various oats plants. 

It's big enough to have all my favorite places, except Ikea, and small enough to not have the dysfunction setting into the Twin Cities.

Offline Libertas

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Re: The Economy is Going to Implode
« Reply #467 on: November 21, 2018, 08:44:39 AM »
I think I am at the point where I am no longer concerned with stopping a bad idea...in the end if it helps bring about a reset...why stop it?

https://www.zerohedge.com/news/2018-11-21/amazon-reportedly-rolling-out-amazon-pay-digital-wallet-physical-stores

This will pressure credit card companies...may lead to greater risk-taking and the several joys that that can bring to bear...pressure brick & mortar outlets who have taken one beating after another and driven many out of business...bump up the non-working populace...make short-sighted pols jack up taxes...

Oh, the obvious enhanced data-harvesting of users cannot be forgot about!

More things like this can accelerate some serious drain-circling.

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Online John Florida

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Re: The Economy is Going to Implode
« Reply #468 on: November 21, 2018, 04:15:58 PM »
I think I am at the point where I am no longer concerned with stopping a bad idea...in the end if it helps bring about a reset...why stop it?

https://www.zerohedge.com/news/2018-11-21/amazon-reportedly-rolling-out-amazon-pay-digital-wallet-physical-stores

This will pressure credit card companies...may lead to greater risk-taking and the several joys that that can bring to bear...pressure brick & mortar outlets who have taken one beating after another and driven many out of business...bump up the non-working populace...make short-sighted pols jack up taxes...

Oh, the obvious enhanced data-harvesting of users cannot be forgot about!

More things like this can accelerate some serious drain-circling.




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Online Pandora

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Re: The Economy is Going to Implode
« Reply #469 on: November 21, 2018, 11:00:13 PM »
Speaking of data mining, I order a fresh turkey from Whole Foods (now Amazon) every year.  This year, as was last year, they asked for an email address.  I told them I don't have one, and the young lady with whom I spoke then informed me she couldn't place my order without one.

O rly?

I huffed, so she forwarded me to Customer No-Service, where the nice man took my order and used the Team Leader's email addy.
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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #470 on: November 22, 2018, 11:58:44 AM »
It's like me using an FBI fax number with merchants...it's still stored in the Best Buy database!

 ;D
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Re: The Economy is Going to Implode
« Reply #471 on: November 22, 2018, 11:25:55 PM »
 ::cool::
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Offline Libertas

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Re: The Economy is Going to Implode
« Reply #472 on: December 07, 2018, 08:02:29 AM »
This isn't that hard to figure out...

https://www.zerohedge.com/news/2018-12-06/trump-i-wont-be-here-when-debt-crisis-goes-nuclear

...Donald surely knows the continued run up of debt is unsustainable and can only end in collapse and chaos.

Any reasonable course corrections have passed the point of no return...and it is a global game of mutually assured suicide at this point.

Anything he can do economically, fiscally, politically etc...is a stop-gap, a momentary pause-button.  That's it, nothing else to read into it.
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