[The-Shoveler]

[quote=flu]
Qualcomm figured out that getting into the San Diego real estate market is more profitable than some of their business units…[/quote]

LOL, but maybe true.

All the Office buildings in the area where I am are all occupied, Our lease expired and we had to move down the road a few miles to find and empty one (this is a huge complex in a suburb of L.A.) (Owners wanted a huge increase in rent)

Very little is actually Near DownTown in the L.A. area BTW, so much for living in town, you would need to commute 30-40 miles to the burbs most likely to work LOL.

[The-Shoveler]

I do agree with you in one respect, it is pointless to argue about it.

Inflation does happen however, see what happens in china, they are the masters at this game. They have something the Fed cannot, total control.

[The-Shoveler]

If they had let it run it course it would have been much much worse, and could have cause a total collapse.

Assets is what holds up the banks (and the economy in general), it’s a catch 22, once you run them up, you cannot allow them to collapse else the whole thing goes,

It’s something I think many failed to see.

[The-Shoveler]

Depends

First they were at Fault for the mess IMO.

Second if they did not do massive intervention in 2008-now it would have been really really bad for most people.

People sitting on a boat load of cash in a CD may have been better off however LOL.

[The-Shoveler]

“when the SHTF moment does occur”

They will have learned a lot from the last time and be much better able to mask the issues the next time IMO.

Although IMO they pretty much knew exactly how it was going to play out in 2008 and it was planned for as well.

[The-Shoveler]

SubPrime, it’s not just for car’s anymore LOL.

But really as long as there is either Documentation or down payments then I think we will not see the bubble burst as bad as 2008-9 crash.

Only when you have no downs and no doc’s can you achieve the bubble magnitude we saw last time.

[The-Shoveler]

This is why were ALL going to be forced to have a google pilot.

Someday soon.

[The-Shoveler]

This is where pinky and the brain show up as well.

[The-Shoveler]

[quote=scaredyclassic][quote=The-Shoveler]I noticed most places keep raising the senior discount to miss the boomer bulge,
Used to be 55 now 65, in 7 years it will most likely be 70 etc… LOL.[/quote]

Parallels social security guidelines[/quote]

Not sure what you mean but as little as 5 years ago it was 55 in most places, now if you ask it is 65.

[The-Shoveler]

I noticed most places keep raising the senior discount to miss the boomer bulge,
Used to be 55 now 65, in 7 years it will most likely be 70 etc… LOL.

[The-Shoveler]

You should see Bill Gates place.

[The-Shoveler]

Is having a 3000 sf McMansion and a TV in every room a sign of wealth? Or just terminal stupidity?

Yes

[The-Shoveler]

Who knew the world would be destroyed by soccer mom’s LOL.
Just kidding.

[The-Shoveler]

I think this is where Caesar makes an entrance.

Super intelligent computers don’t bother me, they can do work without taking a lot of resources, but another intelligent species would just be competition for resources.

Or Willard LOL.

[The-Shoveler]

I heard One physicists describe time as a sort of permanent record we just have the illusion of moving through.
And yes this is going down on your permanent record.

[Author]

Posts