Message from @Graylan | gray00
Discord ID: 475717943712284674
i have a theory for this shit as well
You have housing bubble in portland that is massive out of this world
in texas you do but no where near the size of that bubble yet, people can still live in homes vs portland most ppl live in cars
well poor ppl
that chart needs to stretch back a few more years, like to 1986
prob need dif index
one sec
ill find another one
prices are pretty high but i dont think a bubble's been reached yet. even in seattle there's room to grow.
lmao looks way worse now
yea i agree though possibly we dont pop yet
Ive been watching bonds for months , they continue to be propped and bought
meaning fed isnt ready to crash it
Well thats the thing, recessions and dips are kinda normal even though they hurt. But they aren't really predictable in the longterm. There's no cup and handle for it.
@zero_consequences yea many people predict 07 08
many people are forecasting economic collapse some recession
today
im certain we are in trouble with debt
They didn't predict the years/months it would be. I can predict a meteor crashing into Earth again but that might take another couple million years.
you can see we are about due for correction in that chart. we need a slice of correction
I'll tell you who is pissing me off though.
Peter Schiff.
Every FUCKING thing he appears on
yeah he is retard
"Hey everyone. PANIC. PANIIIIIIC!"
he dont know shit about crypto
FUCK OFF PETER SCHIFF.
YOU'RE WAY WORSE THAN STEFAN MOLYNEUX WITH THIS SHIT
i mean if what we think comes true not sure u can do anyway except hold crypto and gold a bit
even then where u gonna trade against what?
but what I will say is that with more population, immigration, technology and innovation more frequent bumps in that chart are bound to happen. but thats almost common sense
its not that @zero_consequences are you familar with QE and derivatives ?
yes, which is why i said innovation
quanting is a whole other issue
but try doing it during a bubble or the lead up to one
Hey
@Timcast We did talk before, yes?