not chigacome

Even if not too many people leave when they raise taxes, they will have to aise taxes further when the population movse downward

Is that why the Pokemon Go event is there?

I have no idea why there's a pokemon go event there. My guess would be that it's the largest city in the midwest.

sorry im not a dad but i sure love my dad jokes

But yeah, stuff like that tends to accelerate the decline. But it need not be the single trigger of the decline.

I just meant cuz they share the name GO

Ok. you got me.

lmao.

Chicago hasn't seen much decline since the 90s yet

Detroit was seen as an ugly city in decline in the 80s.

You can limp for a long time.

And nothing is ever certain.

Chicago had decline in the 80s too

Fair.

60s to 90s decline

and mostly stable since

Almost as many people coming in and being born as leaving

could be on a trend of one step up two steps down though

It's hard to say.

Still looks like decline would be slow

then all the boomers with the pensions die

But it's in a dangerous position and could very well be following Detroit.

For sure its going to be hairy when this next economic bust comes

I could agree with that.

I am pretty convinced there will be one within next 12 years

I mean.

The economy goes up. The economy goes down.

It's never going to be just monotonic.

There will be one eventually.

Some downs are way bigger than others

I'm not going to bet on the next downturn. These things can be kinda dicey to predict.

you know the saying about economists.

We are on such a big upturn, and that is generally a decent indicator

not always perfect though

I can agree. But predicting these things is hard.

If you ever figure out the trick let me know. Could easily make billions just sitting on the computer making bets on wall street.

I am mostly just going off of the crypto bubble and how big our boom is right now

idk how reliable the crypto bubble is as an indicator

People borrowing to buy speculative goods, lenders get burned, and borrowers lose assets

i mean the whole thing with how easily liquidatable those digital assets are

Crypto struck me as a classic tech hype personally.