fair i guess

if you have property, you can go through 10k in a week

then what?

dont know how you working that

when you have savings, you can build wealth BOTH by being frugal and by investing while still having liquidity when you need it

but you dont loose 10k a week in property here

wait till next week... i have a feeling you are going to understand what i mean real soon

Gordon Freedman: Unforeseen Consequences

housing here has gone up every month for years its about time it burst

they are already calling this, "THe Everything Bubble"

in the last week, i have seen various products increase in price 3x

Injecting 50 billion in interest-free loans into the economy will likely expedite the current stock-market freefall.

my reaction to anything MA says

@Mersenne exactly

You'll likely see short-term spikes, followed by cataclysmic crashes

:confused_bismarck:

agreed, we saw one of those spikes yesterday

agreed young chap

let me put it another way , cryo

if the market tanks like we are suggesting, how's it feel to pay $150 for a loaf of bread?

I wasn’t talking about this debate

with the QE that has been injected into the system, the oil markets being flooded and the virus...

.welll..

50 Billion suddenly coming into existence results in rapid market inflation - which is historically followed by crippling economic destabilization.

I’m not exactly experienced with econ

So i’m not going to interject

it was ALREADY a massive wave chasing us

neither

But that was just in reference to some of the bullshit you have said

" some of the bullshit you have said' - i rarely bullshit about such things

the crash will come, just a question of when

we have known this for a LONG tim

can't keep printing money and not expect it to catch up with you

and if china decides to sell all the property they have scooped up in NA?

Without diving too deep into econ - when you have Supply shocks (caused by the coronavirus) mixed with a rapid influx of capital (50 Billion interest-free loans) - you get hyperinflation

^^

nigga you held onto the anime debate like your life depended on it

This caused the crash in Austria + Germany in 1922, Brazil in 1994, and most recently Venezuela in 2016.

supply shocks are the result of globalism; if we had more manufacturing, we could have absorbed it

don't come at me with the "i have have rarely ever said bullshit"

https://i.imgur.com/9iLIFGQ.jpg