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Everyone has baggage … women are humans, not show puppies who need to meet standards. I can picture you … “left nipple is inverted, minus 10 points. … nose crooked, minus 5 … … nope, not marriage material.”

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An old woman being evicted probably doesn’t have much to lose. Also, you probably hate kids because no one will let you shoot your seed into them… you’ll never have any unless you donate to a sperm bank.

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So you made the kids lose their home by provoking the owner to the point that he wanted to smack you, then reporting his expressed desire to do so. Congrats. You’re a great person.

I bet you’re OK with what the Trump administration is doing, separating nursing infants from their mothers. It benefits you, so traumatizing newborns is fine with you.

[spdrun]

He should become a union plumber or electrician, or maybe a cop or fireman.

Any one of those BUT a cop … cops are essentially armed goons in the service of the state. A lot of their job is pushing people around and putting them in cages for victimless crimes. It’s a job that’s (justifiably) disliked, and anyone with half a heart would also grow to hate doing the job after a few years.

Not sure about firemen — they go to less than one fire a day, but they inhale a lot of toxic muck at those fires. Apparently, their life expectancy is 10+ years shorter than average.

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They’re not negative with fees and they have a 10-year repayment period (apparently, they’re fully amortized). Effective interest over 10 years is about 11%, so the real rate is still positive at ~1% p/a. You’d be paying 923 per month per 100,000 borrowed if you took this loan.

(277000 / 250000) = 1.108

(100000 * 1.108) / 120 = 923.

They also have a 20% equity requirement … no 3%-down nonsense like the US is doing right now. Think of it more as a HELOC with a 10-yr teaser rate. The monthly payments are basically hard-money territory.

Denmark is an unusual case. The Danish Crown is pegged to the Euro, but they have a bond bubble going — investors are buying Danish bonds as a proxy for their currency in the hope that the Euro peg will be removed and the currency will rise dramatically.

Here’s a better explanation … it’s actually far more restrictive than most US loans:

https://www.livemint.com/industry/banking/why-are-interest-rates-negative-in-some-countries-1565811455164.html

Danish banks are also offering loans with 0% per annum for 20 years. Let’s assume that fees are the same, so we end up with about 1.5% p/a or 35% over 20 years. Repayment of a 100,000 loan is 135,000. Dividing by 240 months gets you 562/mo, which isn’t that cheap by US 30-year standards.

[spdrun]

The reality is more complicated…

https://www.cnbc.com/2019/08/12/danish-bank-is-offering-10-year-mortgages-with-negative-interest-rates.html

(1) They make money on fees that raise the effective rate above zero.
(2) It’s not a conventional mortgage designed for payoff at the end, but a 10-year loan — you’ll still owe most of the balance at the end. It’s a redux of the “teaser rate” scam in 2006 or so.
(3) They apparently enforce 80% LTV fairly strictly, a lesson the US would do well to emulate.

[spdrun]

FlyerinHI … yeah, yeah, “this is America” — congrats for apologizing for one of the worst inventions of this country … helicopter parenting. If you had kids (not that anyone wants to breed with you), wouldn’t you want them to be independent and be able to play outside? You claim to be worldly, but you’re just an ugly American at heart.

Please, please go after parents whose kids are enjoying a fun day outside. I actually don’t wish for you to get sued. Rather, I hope that one of the parents simply slugs you in your smug face and knocks you out flat.

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^^^

The article doesn’t say that they were destroying property, only playing without supervision — kids playing without supervision are NORMAL outside of the US. Shame the fine wasn’t more and that the person who snitched to the HOA didn’t get personally fined.

[spdrun]

Spake Flu…

“And it seems like these days, people call me to clean up messes others make, and pay well for doing it.”

[spdrun]

So making up a fancy title on Linkedin is worth it in San Diego?

[spdrun]

It’s always different, until it’s not. The same arguments could have been used to say that the 90s/early-2000 tech bubble would never pop.

Shit unraveled in 2007-8 AFTER the Fed cut rates… a rate cut or even QE in bad times isn’t a guarantee.

[spdrun]

I saw SIM vending machines at Kennedy Airport recently. Insert cash, get SIM and phone number.

[spdrun]

Recessions don’t work that way, though — personal and corporate spending/borrowing tends to tighten at least at first.

[spdrun]

A lot of Chinese banks have headquarters and servers on Hong Kong … it would be unfortunate if the power and Internet links on the island suddenly went down due to labor actions. Make Father Xi squirm.

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