Who is attacking whom?

[markmax33]

From Rich’s article:

“Importantly, our public debt to GDP ratio of 100% is comfortably past the level at which economic growth typically starts to suffer as a result of the debt – an ominous sign that it will be much more difficult to “grow our way out of it” than many seem to expect.”

[Anonymous]

[quote=sdrealtor]We all have plenty of places to discuss the economy and the debt levels.[/quote]

But I want to discuss these things with you!

Nowhere else can I get the same cast of characters.

[Allan from Fallbrook]

[quote=pri_dk]

Perhaps you meant to say:

“If the US decides there needs to be an ‘incident’ that ‘gives us no choice’ but to ‘defend Americans’ (and American interests) …”

Remember the Maine!

(and the Maddox, and Saddam’s WMDs, …)[/quote]

Pri: I don’t doubt that there is a “Tonkin Gulf” moment in here somewhere, but I’m actually hopeful that this administration WON’T go for a knee-jerk, jingoistic response, since that’s EXACTLY what the Iranian government is hoping for.

Yes, I agree that the Iranian populace is literate, well-educated, Pro-US and opposed to their own leadership, but as Syria shows, not all popular uprisings are going to succeed. There is an element of brinksmanship here and sometimes events move more quickly than our ability to control them. Here’s hoping that doesn’t happen.

[markmax33]

[quote=sdrealtor]We all have plenty of places to discuss the economy and the debt levels. Most and probably all of this read numerous other blogs. We come here for SD real estate and it annoys me that we are losing that focus. We can all find the political and economic stuff numerous other places on the Internet. Nothing about that is unique. What is unique about this site is its focus on a micro market that you cant find any where else. You are taking away from us and it sucks. You suck.[/quote]

I guess you don’t like the owner’s blog articles then. I think you might be the one displaced. I come here for the economic data and I try to look at trends. I worry about the nation’s economy because clearly all real estate is not local, as real estate agent would have you believe. Clearly we have a national housing bubble being affected on a national level. The local statistics are nice but to understand the housing bubble and a recovery you have to look at the entire economy first and foremost.

I want to buy a house in SD one day and this economic crap has prevented me from doing so and I am upset and I am venting. I want to educate people on what the causes of the bubbles are and how to fix them. Unfortunately our motivations aren’t in line. I want to see the bubble completly collapse which would mean a period of no sales for a year or two and get all of the contagion out of the market. It would reduce your sales commissions. You would lose money as the value of homes dropped overall and there wouldn’t be churn. I want to eliminate all barriers to real estate that make it so illiquid. I want to reduce transactions costs to a fraction of a percent like in other industries that have high value transactions. I want it to operate like a free market. Our views are not inline in several places. We will probably never agree. I’m okay with that.

[markmax33]

[quote=Allan from Fallbrook][quote=pri_dk]

Perhaps you meant to say:

“If the US decides there needs to be an ‘incident’ that ‘gives us no choice’ but to ‘defend Americans’ (and American interests) …”

Remember the Maine!

(and the Maddox, and Saddam’s WMDs, …)[/quote]

Pri: I don’t doubt that there is a “Tonkin Gulf” moment in here somewhere, but I’m actually hopeful that this administration WON’T go for a knee-jerk, jingoistic response, since that’s EXACTLY what the Iranian government is hoping for.

Yes, I agree that the Iranian populace is literate, well-educated, Pro-US and opposed to their own leadership, but as Syria shows, not all popular uprisings are going to succeed. There is an element of brinksmanship here and sometimes events move more quickly than our ability to control them. Here’s hoping that doesn’t happen.[/quote]

I think one of the huge errors we made was getting involved in places like Libya. What we told all of the other poor educated people in other countries being oppressed was: The US will come save you if you start an uprising. Don’t worry we have your back, we are the policeman of the world. The deaths in Syria are probably our fault for that alone.

I would rather see these guys spend more time getting pissed off and plan a better uprising with internal organization with the will of the people. If that uprising was sucessful it would be the organizers who, with the power of the people, took control. When the US aids the people, we put whatever Joe Iranian in there that will do our bidding and won’t support the people. This then creates the same sequence all over again. The people realize the GOV is a pawn, they get controlled by the GOV that gets weapons and support from the US, the rich get really rich and poor get really poor. Repeat.

[sdrealtor]

I love Rich’s articles but in case you didnt notice that article was not posted on this blog but on his business website. There was a link to it.

You are sadly mistaken if you think its clear all real estate is not local. Some market went crazy and others didnt. This played out differently all over the country and even in various communties in SD.

I wrote a whole bunch more but just erased it because I’m OK that we dont agree also. What I am not OK with is you hijacking this blog for your own personal agenda. Thats just wrong.

BTW thank you for finally writing something about RE and what you want out of it. Sorry to say you wont ever see that but at least we know your RE fantasies now.

[Coronita]

Can we talk about something else like the stock market.

Good news Apple announced. Up 45 buck after hours. Too bad I don’t have a single share….

But Broadcom is up $1.50 after hours, which I do own shares in..Great!

But Qualcomm after hours is at $60… Unfortunately, I short sold at $55 and $57.. All 400 shares. Fvck…

[Coronita]

[quote=flu]Can we talk about something else like the stock market.

Good news Apple announced. Up 45 buck after hours. Too bad I don’t have a single share….

But Broadcom is up $1.50 after hours, which I do own shares in..Great!

But Qualcomm after hours is at $60… Unfortunately, I short sold at $55 and $57.. All 400 shares. Fvck…[/quote]

Or let’s talk about zombies…

[markmax33]

[quote=sdrealtor]Sorry to say you wont ever see that but at least we know your RE fantasies now.[/quote]

The ideas I posted will absolutely happen slowly over time. If you asked a RE agent 5 years ago if Redfin or Ziprealty would be as successful as they have they would have told you no way. Several other industries with high paid sales positions have evaporated over the years because the internet has automated the processes and it will happen in RE too. Look at stock traders, look at turbotax, look at legalzoom. The market will readjust.

The RE market will eventually completely collapse and liquidate. It has happened every time before and will happen again. It’s hard to say what and when the catalyst will be but it’s coming. It is silly not to look at history and say it won’t repeat itself. Cash will be king. We ain’t there yet.

[Coronita]

[quote=sdduuuude]I have a new acronym: GYOFB

Can you guys guess what it means ?

sdr will buy the winner a decent bottle of wine …[/quote]

Get your own fvcking blog.

Where’s my bottle of wine 🙂

Hey, if mark is your ignore list, and I didn’t see him write it, does it mean I win?

[markmax33]

[quote=flu]Can we talk about something else like the stock market.

Good news Apple announced. Up 45 buck after hours. Too bad I don’t have a single share….

But Broadcom is up $1.50 after hours, which I do own shares in..Great!

But Qualcomm after hours is at $60… Unfortunately, I short sold at $55 and $57.. All 400 shares. Fvck…[/quote]

I’ve had Apple since $25/share! Weeeeeeeee!

[Anonymous]

You bought Apple stock when you were 14 years old?

[Coronita]

[quote=markmax33][quote=sdrealtor]Sorry to say you wont ever see that but at least we know your RE fantasies now.[/quote]

The ideas I posted will absolutely happen slowly over time. If you asked a RE agent 5 years ago if Redfin or Ziprealty would be as successful as they have they would have told you no way. Several other industries with high paid sales positions have evaporated over the years because the internet has automated the processes and it will happen in RE too. Look at stock traders, look at turbotax, look at legalzoom. The market will readjust.

The RE market will eventually completely collapse and liquidate. It has happened every time before and will happen again. It’s hard to say what and when the catalyst will be but it’s coming. It is silly not to look at history and say it won’t repeat itself. Cash will be king. We ain’t there yet.[/quote]

1. I think you’re really committing financial suicide if you think cash will be king.

2. Ziprealty, Redfin successful? You’re joking right?
Dude, that’s some good weed you’re smoking….

3. History has not shown cash is king. At least not cash in a country with a weakening currency. Haven’t you been listening to Ron Paul?

4. Meanwhile, you can *hope* the United States falls into some dictatorship, and a single guy has his head screwed on right, and fixes all the economic issues facing the U.S. by force…And then hope that at the time we have more bombs than china when we give them the middle finger. But unless that scenario plays out, our dollars will be trashed, and U.S. cash clearly won’t be king.

5. Sitting here and posting about the sky is falling really isn’t gonna help your own situation imho. If you want to take action, time to start in your own household.

[markmax33]

[quote=sdrealtor]I love Rich’s articles but in case you didnt notice that article was not posted on this blog but on his business website. There was a link to it.[/quote]

No offense to Rich, but he’s put a ton more thought into that article than he has provided analysis of the data he has posted on this blog. He used to expand and hypothesize a little more.

[Coronita]

delete.

[Author]

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