Quite the name drop - Wish your dogma wouldn't lead you to so many incorrect conclusions politically because its been obvious to me since day 1 you're high IQ.
2024 Field
- Thread starter Jaw
- Start date
Quite the name drop - Wish your dogma wouldn't lead you to so many incorrect conclusions politically because its been obvious to me since day 1 you're high IQ.
chop2chip
Well-known member
Markets get things wrong all the time. Forecasts have that nasty side effect of being wrong and occasionally bigly. The advantage of markets is that they have mechanisms to self correct.
Correction being those with large concentration of assets capitalize on poor planning speeding up consolidation and wealth disparities.
nsacpi
Expects Yuge Games
Darwin's insights do apply. Often in ways that make some of us squeemish.
chop2chip
Well-known member
That or the Chinese
Your response is tongue and cheek but its very common (especially in Queens) for Chinese nationals to buy 1M+ homes all in cash.
chop2chip
Well-known member
Winners and losers. Such is life
sturg33
I
The common theme of theta's economic genius is to protect older rich people at all costs, and screw over young Americans at all costs
Print money to create inflation. Always helps the rich and screws the poor and young people
Limit housing to keep home values high. Always protects the old people who have tons of money, screws young people into lifelong renting
Never change social security? Make sure the old people get all their money - even when we have to print it (see point 1). The young people don't have a prayer. Sucks for them
He is a greedy central planner, this one
Print money to create inflation. Always helps the rich and screws the poor and young people
Limit housing to keep home values high. Always protects the old people who have tons of money, screws young people into lifelong renting
Never change social security? Make sure the old people get all their money - even when we have to print it (see point 1). The young people don't have a prayer. Sucks for them
He is a greedy central planner, this one
zitothebrave
Connoisseur of Minors
If you went and bought a **** ton of homes in the last few years and you're upset that the market collapsed, you're an idiot. Housing as an investment is a long term goal. Assuming holding the property for 10+ years before sale.
I mean we're going to be heading towards a housing cliff at some point when Boomers start dying because they're all holding multiple houses and with population not booming there will be open homes.
nsacpi
Expects Yuge Games
sturg33
I
I'm not asking for the conservative prediction. I wanna know what you think the landslide will be
nsacpi
Expects Yuge Games
sturg33
I
That's true. I'll give him a chance to clarify.
Everyday I get to read 3 new polls and the commentary that things are only going to get bigger from here.
And seeing as he has a 10 year outlook on all things, as well as an amazing precedent of election prediction results, I believe there is a lot of money to be made here leveraging hos wisdom