[quote=deadzone][quote=Coronita][quote=deadzone][quote=Coronita]
Fairness has nothing to do with any of the 3 situations. Any time “fairness” comes into play, then we end up with weird government encroachment like government officials trying to forgive student loan debt….Expecting government to erase bad decisions made by individuals…[/quote]

I agree there should be no forgiveness for student loans. Government should stay out of the markets, do you agree with that? But unfortunately that is not what has been happening in the last 13 years. The Fed intentionally blew up a ginormous housing and asset bubble through manipulation of the bond and mortgage markets. That is the opposite of free market. And particularly since Pandemic, any gains that were made in RE or stock values were ill gotten, and are in the course of being reversed. But since they were bogus “gains” to begin with, it is only right that they correct themselves.[/quote]

That’s not what I said. What I said is the government has no business interfering with personal finance that does not impact the country’s financial security. That’s not its job.

Howver, the government’s job is to ensure financial security and stability and use every tool at it’s disposal to achieve that goal , even if it means screwing over some of the little guys in the process if it benefits the stability and the majority of the population

again, you are using social inequity as the primary reason to justify why a housing crash would be a good thing. Social inequity doesn’t apply to your case. You want a personal bailout for your own decisions you didn’t make decades ago because you fucked up…own it.[/quote]

Whoever said I wanted a bailout? You are just pulling stuff out of your ass. And do you really think the bailouts and Fed money printing was done to benefit the majority of the population? You are a fucking idiot if you really believe that. It was done to protect the bankers and Wall St class. That is literally who the Fed members are. And Paulsen who led the bailouts was literally former President of Goldman Sachs. You can’t make this shit up.

Meanwhile, going back through this thread all of my warnings about the Tech collapse were correct and are coming true. In a matter of time the RE collapse will be underway. Now stop blaming and attacking me just because I am pointing out the obvious. I didn’t cause the bubble nor am I responsible for the crash. It was the Fed and USG. Blame them if you don’t like it.[/quote]