[spdrun]

Um, I don’t support closed societies. I do support taking advantage of chaos and mayhem caused by dumbasses in power. What else is a clown like Trump good for?

The ideal would be if his policies cause a recession in the next 2-3 years that can be exploited, AND which won’t allow him to so much as be elected county dog-catcher in 2020.

[spdrun]

That’s the one useful thing about Trump’s policies. Uncertainty about being allowed into the US (or even about being able to pull money out) may reduce foreign investment in hot markets.

You’re less likely to invest $50k if there’s a risk of it being confiscated. Or, assuming a home bought as a residence for kids or whatever — if you won’t be able to use it due to visa restrictions or risk of deportations.

[spdrun]

So, basically, they’re in a property bubble that rivals 2008 in the US. If it pops, it would be extremely fun to watch.

[spdrun]

That’s been true for decades, didn’t stop the 2001 and 2008 entertainments from happening.

[spdrun]

Population has been increasing for literally two centuries. There were still downturns, or rather, blessed opportunities to exploit stupidity.

[spdrun]

ocrenter: doesn’t that just mean that doctors have more student debt and worse credit? 😉

[spdrun]

(1) It’s always different this time, except when it’s not.
(2) The family were idiots and are now paying the price. If you have sympathy, you might offer then a leaseback for a while.

[spdrun]

I can skip the smart home shit whether it costs $1000 or $100,000.

[spdrun]

At least it still works, isn’t tied to someone’s “clown”.

[spdrun]

Funnier parts:
(1) Chicago to Louisville is under 5 hr by car. They could have rented each bumped passenger a Lambo or limo and got them there the same day. For that matter, wet lease on a King Air is ~$1500/hr — could have stuck them on a private plane for less than vouchers + hotel.
(2) The doctor involved was an immigrant and possibly a criminal. Trump came down on his side, not the airline’s. If that’s not irony, dunno what is.
(3) Everyone is blaming United, not the overgrown mall cops.

In all seriousness, if they’d have offered $800 to $1000 cash (actual cash or check), I’d have climbed over other passengers to get it, then rented myself a Porsche one way, bought a case of cigars, and got to Louisville in style.

[spdrun]

Money will only flow in so long as there’s seen to be sustained upward momentum. Real estate prices in NYC have probably peaked and are now dropping slightly, driven by the high end.

Why? Part of it is a crackdown in international hot money. The other part is a perception of overvaluation — that continued appreciation isn’t guaranteed.

The scarcity in San Diego is (again) artificial. It’s being driven by the idea that property can only go up, so buy now or be left out.

[spdrun]

So psychological pressure causes price increases to build on one another. Sheep following the mantra “buy now! because prices will be higher next year,” causing inventory to plummet and prices to go higher. Till the mania evaporates — should be fun to watch.

This is literally classic bubble mentality, whether you believe it or not. All it needs is a healthy dose of fear to throw some cold water on it.

Wonder what will blow up first. The Trump bump in stocks has a long way to fall. So does dot.com 2.0. Kim-Jong Eun in full freakout mode?

[spdrun]

Build it yourself or modify an existing design. Not rocket science.

[spdrun]

Good — still nicely above 4% but removes some of the immediate urgency to buy. Hope the Cow and friends keep raising this year, even though we’re overdue for a good, old recessionary opportunity.

I will add my hopes for the recent flattening and slow fall in stocks. If this ends up being the start of a long decline that will halve the major indices, here’s to it.

So far, Trump has proven himself to be somewhat bumbling. AHCA: failed. Tax plan: nothing in front of Congress yet.

I’m pulling for him to be effective at one thing … causing chaos and uncertainty.

[spdrun]

Funny, Trump wasn’t OK with helping Syrian refugees, but he’s OK with launching missiles on Syria.

This leftist still thinks he’s a hypocritical old pig.

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