Forum Replies Created
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patientrenter
ParticipantI don’t have time to conduct my own extensive research on long-term car reliability and value, which are my most important car-buying criteria. So instead I use the most disinterested and reliable organization I know that does that kind of research – Consumer Reports, and general reports form all other sources.
Toyota and Honda have established consistently good records over a period of 20+ years on my criteria, according to Consumer Reports and most of my other sources. Until a US manufacturer has a consistently better record for maybe 10 years, I am unlikely to shift loyalty.
I prefer to buy US housing, meat and other selected products. We just can’t produce everything better than everybody else all the time. In the long run, we’re all better off buying the thing we want most at the best price, regardless of who produced it. (And that doesn’t preclude a preference for local products if they have better environmental standards, or some other quality, if that’s your priority.)
patientrenter
ParticipantI don’t have time to conduct my own extensive research on long-term car reliability and value, which are my most important car-buying criteria. So instead I use the most disinterested and reliable organization I know that does that kind of research – Consumer Reports, and general reports form all other sources.
Toyota and Honda have established consistently good records over a period of 20+ years on my criteria, according to Consumer Reports and most of my other sources. Until a US manufacturer has a consistently better record for maybe 10 years, I am unlikely to shift loyalty.
I prefer to buy US housing, meat and other selected products. We just can’t produce everything better than everybody else all the time. In the long run, we’re all better off buying the thing we want most at the best price, regardless of who produced it. (And that doesn’t preclude a preference for local products if they have better environmental standards, or some other quality, if that’s your priority.)
patientrenter
ParticipantI don’t have time to conduct my own extensive research on long-term car reliability and value, which are my most important car-buying criteria. So instead I use the most disinterested and reliable organization I know that does that kind of research – Consumer Reports, and general reports form all other sources.
Toyota and Honda have established consistently good records over a period of 20+ years on my criteria, according to Consumer Reports and most of my other sources. Until a US manufacturer has a consistently better record for maybe 10 years, I am unlikely to shift loyalty.
I prefer to buy US housing, meat and other selected products. We just can’t produce everything better than everybody else all the time. In the long run, we’re all better off buying the thing we want most at the best price, regardless of who produced it. (And that doesn’t preclude a preference for local products if they have better environmental standards, or some other quality, if that’s your priority.)
patientrenter
ParticipantRt 66. You don’t like globalization. OK.
So let’s just keep all trading amongst ourselves. Let’s only trade things, services, ideas amongst people like us.
Which countries do that today? North Korea is probably the best example, although even there people at the top get to trade goodies with foreigners.
And why draw the line for “people like us” at people within the USA? Why not trade only with people of the same physical appearance? Or only our own family? Let’s all become self-sufficient survivalists living in the desert.
I really don’t see why restricting trade is helpful. I can see how allowing more market-based currency prices would be helpful, and lower non-tariff and tariff barriers. But restricting trade? Why would it do any less damage than restricting trade amongst Americans?
patientrenter
ParticipantRt 66. You don’t like globalization. OK.
So let’s just keep all trading amongst ourselves. Let’s only trade things, services, ideas amongst people like us.
Which countries do that today? North Korea is probably the best example, although even there people at the top get to trade goodies with foreigners.
And why draw the line for “people like us” at people within the USA? Why not trade only with people of the same physical appearance? Or only our own family? Let’s all become self-sufficient survivalists living in the desert.
I really don’t see why restricting trade is helpful. I can see how allowing more market-based currency prices would be helpful, and lower non-tariff and tariff barriers. But restricting trade? Why would it do any less damage than restricting trade amongst Americans?
patientrenter
ParticipantRt 66. You don’t like globalization. OK.
So let’s just keep all trading amongst ourselves. Let’s only trade things, services, ideas amongst people like us.
Which countries do that today? North Korea is probably the best example, although even there people at the top get to trade goodies with foreigners.
And why draw the line for “people like us” at people within the USA? Why not trade only with people of the same physical appearance? Or only our own family? Let’s all become self-sufficient survivalists living in the desert.
I really don’t see why restricting trade is helpful. I can see how allowing more market-based currency prices would be helpful, and lower non-tariff and tariff barriers. But restricting trade? Why would it do any less damage than restricting trade amongst Americans?
patientrenter
ParticipantRt 66. You don’t like globalization. OK.
So let’s just keep all trading amongst ourselves. Let’s only trade things, services, ideas amongst people like us.
Which countries do that today? North Korea is probably the best example, although even there people at the top get to trade goodies with foreigners.
And why draw the line for “people like us” at people within the USA? Why not trade only with people of the same physical appearance? Or only our own family? Let’s all become self-sufficient survivalists living in the desert.
I really don’t see why restricting trade is helpful. I can see how allowing more market-based currency prices would be helpful, and lower non-tariff and tariff barriers. But restricting trade? Why would it do any less damage than restricting trade amongst Americans?
patientrenter
ParticipantRt 66. You don’t like globalization. OK.
So let’s just keep all trading amongst ourselves. Let’s only trade things, services, ideas amongst people like us.
Which countries do that today? North Korea is probably the best example, although even there people at the top get to trade goodies with foreigners.
And why draw the line for “people like us” at people within the USA? Why not trade only with people of the same physical appearance? Or only our own family? Let’s all become self-sufficient survivalists living in the desert.
I really don’t see why restricting trade is helpful. I can see how allowing more market-based currency prices would be helpful, and lower non-tariff and tariff barriers. But restricting trade? Why would it do any less damage than restricting trade amongst Americans?
patientrenter
ParticipantI think it will lead to a new wave of problems, which will lead to a new wave of solutions, all built around taxpayer support and future inflation.
In a way, in doesn’t matter much anymore. For every 100 people who made bad decisions, or benefited from them, perhaps 5 will pay the full price. The tab for the mistakes of the other 95 is just added to the taxpayer/saver bill, to be paid in higher future taxes and/or higher future inflation. So now, with CRE hitting in full, it’s 150 people who made bad decisions, and 8 people who will pay. We already knew the pain was coming, so the only real question was who, of those responsible, was going to be made to pay. A few more, but very few, is the answer, I think.
Of the people I know, fewer than 3 or 4 out of hundreds are going to get hurt severely, if that. Even people who lost their jobs are still way ahead of the game based on the money they made in prior years. No one is worse off overall for having participated in the madness. And I am in the middle of the maelstrom.
patientrenter
ParticipantI think it will lead to a new wave of problems, which will lead to a new wave of solutions, all built around taxpayer support and future inflation.
In a way, in doesn’t matter much anymore. For every 100 people who made bad decisions, or benefited from them, perhaps 5 will pay the full price. The tab for the mistakes of the other 95 is just added to the taxpayer/saver bill, to be paid in higher future taxes and/or higher future inflation. So now, with CRE hitting in full, it’s 150 people who made bad decisions, and 8 people who will pay. We already knew the pain was coming, so the only real question was who, of those responsible, was going to be made to pay. A few more, but very few, is the answer, I think.
Of the people I know, fewer than 3 or 4 out of hundreds are going to get hurt severely, if that. Even people who lost their jobs are still way ahead of the game based on the money they made in prior years. No one is worse off overall for having participated in the madness. And I am in the middle of the maelstrom.
patientrenter
ParticipantI think it will lead to a new wave of problems, which will lead to a new wave of solutions, all built around taxpayer support and future inflation.
In a way, in doesn’t matter much anymore. For every 100 people who made bad decisions, or benefited from them, perhaps 5 will pay the full price. The tab for the mistakes of the other 95 is just added to the taxpayer/saver bill, to be paid in higher future taxes and/or higher future inflation. So now, with CRE hitting in full, it’s 150 people who made bad decisions, and 8 people who will pay. We already knew the pain was coming, so the only real question was who, of those responsible, was going to be made to pay. A few more, but very few, is the answer, I think.
Of the people I know, fewer than 3 or 4 out of hundreds are going to get hurt severely, if that. Even people who lost their jobs are still way ahead of the game based on the money they made in prior years. No one is worse off overall for having participated in the madness. And I am in the middle of the maelstrom.
patientrenter
ParticipantI think it will lead to a new wave of problems, which will lead to a new wave of solutions, all built around taxpayer support and future inflation.
In a way, in doesn’t matter much anymore. For every 100 people who made bad decisions, or benefited from them, perhaps 5 will pay the full price. The tab for the mistakes of the other 95 is just added to the taxpayer/saver bill, to be paid in higher future taxes and/or higher future inflation. So now, with CRE hitting in full, it’s 150 people who made bad decisions, and 8 people who will pay. We already knew the pain was coming, so the only real question was who, of those responsible, was going to be made to pay. A few more, but very few, is the answer, I think.
Of the people I know, fewer than 3 or 4 out of hundreds are going to get hurt severely, if that. Even people who lost their jobs are still way ahead of the game based on the money they made in prior years. No one is worse off overall for having participated in the madness. And I am in the middle of the maelstrom.
patientrenter
ParticipantI think it will lead to a new wave of problems, which will lead to a new wave of solutions, all built around taxpayer support and future inflation.
In a way, in doesn’t matter much anymore. For every 100 people who made bad decisions, or benefited from them, perhaps 5 will pay the full price. The tab for the mistakes of the other 95 is just added to the taxpayer/saver bill, to be paid in higher future taxes and/or higher future inflation. So now, with CRE hitting in full, it’s 150 people who made bad decisions, and 8 people who will pay. We already knew the pain was coming, so the only real question was who, of those responsible, was going to be made to pay. A few more, but very few, is the answer, I think.
Of the people I know, fewer than 3 or 4 out of hundreds are going to get hurt severely, if that. Even people who lost their jobs are still way ahead of the game based on the money they made in prior years. No one is worse off overall for having participated in the madness. And I am in the middle of the maelstrom.
patientrenter
Participant“I know almost everyone on this board has no debt and pays for everything with cash (what they love more than anything else), always pays off the balance on their credit cards monthly, have 825+ credit scores (they have been brainwashed to be in bondage to the credit reporting system), have perfect jobs and their gas actually reduces air pollution etc…”
LoL! I take exception, paramount. Why? I don’t have a perfect credit score (I suspect), although I’ve never looked.
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