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patientrenter
ParticipantI too don’t understand why sovereign US debt (denominated in dollars) wouldn’t always be AAA-rated. I thought the rating agencies only rated for legal default. When the US defaults, it will not be a legal default, it will be an effective but partial and indirect default using inflation.
ParticipantI too don’t understand why sovereign US debt (denominated in dollars) wouldn’t always be AAA-rated. I thought the rating agencies only rated for legal default. When the US defaults, it will not be a legal default, it will be an effective but partial and indirect default using inflation.
ParticipantI too don’t understand why sovereign US debt (denominated in dollars) wouldn’t always be AAA-rated. I thought the rating agencies only rated for legal default. When the US defaults, it will not be a legal default, it will be an effective but partial and indirect default using inflation.
Participant“Extreme barrier”: What would that be, hammer?
Participant“Extreme barrier”: What would that be, hammer?
Participant“Extreme barrier”: What would that be, hammer?
Participant“Extreme barrier”: What would that be, hammer?
Participant“Extreme barrier”: What would that be, hammer?
ParticipantOthers should do what best suits them, but I have no interest in buying in a market with a buying frenzy going on, at prices still way above the prices at the bottom of the last cycle (1996), even after adjusting for inflation.
I am seeing a definite drop in the number of available properties in my low end price range in Orange County. I assume the reason is funny money from the govt, since very few people I know have saved up the current price of a home, or anything close to it. Why should I try to use my own after-tax dollars to try to outspend other people who are using my tax dollars?
I’ll check back in September/October.
ParticipantOthers should do what best suits them, but I have no interest in buying in a market with a buying frenzy going on, at prices still way above the prices at the bottom of the last cycle (1996), even after adjusting for inflation.
I am seeing a definite drop in the number of available properties in my low end price range in Orange County. I assume the reason is funny money from the govt, since very few people I know have saved up the current price of a home, or anything close to it. Why should I try to use my own after-tax dollars to try to outspend other people who are using my tax dollars?
I’ll check back in September/October.
ParticipantOthers should do what best suits them, but I have no interest in buying in a market with a buying frenzy going on, at prices still way above the prices at the bottom of the last cycle (1996), even after adjusting for inflation.
I am seeing a definite drop in the number of available properties in my low end price range in Orange County. I assume the reason is funny money from the govt, since very few people I know have saved up the current price of a home, or anything close to it. Why should I try to use my own after-tax dollars to try to outspend other people who are using my tax dollars?
I’ll check back in September/October.
ParticipantOthers should do what best suits them, but I have no interest in buying in a market with a buying frenzy going on, at prices still way above the prices at the bottom of the last cycle (1996), even after adjusting for inflation.
I am seeing a definite drop in the number of available properties in my low end price range in Orange County. I assume the reason is funny money from the govt, since very few people I know have saved up the current price of a home, or anything close to it. Why should I try to use my own after-tax dollars to try to outspend other people who are using my tax dollars?
I’ll check back in September/October.
ParticipantOthers should do what best suits them, but I have no interest in buying in a market with a buying frenzy going on, at prices still way above the prices at the bottom of the last cycle (1996), even after adjusting for inflation.
I am seeing a definite drop in the number of available properties in my low end price range in Orange County. I assume the reason is funny money from the govt, since very few people I know have saved up the current price of a home, or anything close to it. Why should I try to use my own after-tax dollars to try to outspend other people who are using my tax dollars?
I’ll check back in September/October.
ParticipantHow does this go down?
1. Federal govt bailouts
2. Tax increases
3. Token spending cuts, designed to maximize the pain the public feels from spending cuts. [If you really want us to spend $10 less per week, we’ll need to cut your heart out….]
Ok, now does anyone have any difficult questions?
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