[The-Shoveler]

[quote=flu]I’ll telling you folks. Pretty soon, the only thing we can compete selling is software/apps…Because relatively speaking it’s a level playing field…Unless politicians figure out a way to sales tax those things too.[/quote]

FOOD !!
Soy Beans are our number one crop export to china,
They have not quite got the China Corporate industrial large scale farming going quite yet.
A few guys and some water buffalo really don’t have a chance.
I kind of feel for them actually, factory Automation is going to put the more industrial nations on a much more level playing field over the next 10-15 years.

Fear the Robot, he will be after your job next…

Just kidding sort of,

[The-Shoveler]

Living in congested cities gets old after a while,

It is a lot more convenient really to hit the garage door opener, hop in the car and head to the big box store a few miles away then to walk down a few blocks try to grab a bus etc… then try to hold all your stuff and etc…

There is a lot of brain washing going on right now IMO.

Really Bar hopping gets old after maybe 25 too.

If your Bar hopping after 25 maybe you need to think about your life’s direction etc..

[The-Shoveler]

There are good Schools in Valencia/Stevenson-ranch and Simi Valley, from these areas you can catch the Metro train direct to DT as well.

600K will get you a very nice place in either location.

As someone who has grown-up in the North L.A. area I can tell you the above is much better than the SFV these days especially.

I don’t like the SFV but to each their own.

Pasadena and Arcadia are nice and have Metro access as well.

[The-Shoveler]

[quote=Diego Mamani]Demise and collapse are too strong to describe a financial crisis. These countries average one of these crisis per decade… It’s routine. A government may “collapse” but a new administration is installed and then life goes on. The countries themselves don’t collapse, not even their economies do.[/quote]

Well I think they should have said EU collapse, which is what would happen if Spain, Italy or Ireland leave the Euro as if would trigger one after the other to leave. It would for the most part BK the Euro Zone and cause a economic event similar to the 2008 crisis.

The Euro Zone economy is bigger that the USA economy, but we don’t like to admit we are really number 2.

[The-Shoveler]

I love it,
We in the US are obsessed with reducing “carbon footprint”, trying to convince the next Generation they need to live in congested cities and ride a bike to work LOL.

Hint, “IT WON’T WORK”

I just got back from China, they have their foot firmly on the gas pedal building roads/freeways and American style suburbs. Providing more parking in the cities like Shanghai (BECAUSE THE PEOPLE ARE DEMANDING IT).
LOL Oh LOL.

They Want to live like us!!!, maybe we had it right.

[The-Shoveler]

When Moon-Beam Brown is being compared to Hoover, you know you have a problem,

Heck I think the City of L.A. alone current pension defect is over 25 Billion

[The-Shoveler]

I have to go with NSR, HOA’s unless they are providing services such as pools/club houses and you can make use of them, they are just a waste of money and hassle.

Most Cities now have CCR’s so whats the point ?

[The-Shoveler]

Yea I was gambling a little that the stock market would have imploded by now with the Europe situation,

I think that when it does implode RE will get hit a little as well, (not a lot as it was already devastated in a lot of area’s but maybe a little 10-15% hit).

Also it looks like some shaking maybe about to happen, maybe once in a blue moon ?

[The-Shoveler]

Man..

4 minutes water of the lawns every other day seem like plenty even in this heat.

My lawn is nice and green with that.

I think they will eventually make lawn watering illegal in socal, must be food related to get water etc

[The-Shoveler]

It was really weird to me watching the whole FB debatical,

Seems like FB is good for Big Name Brand Biz, that needs to go on name brand recognition where as Google relies almost entirely on the search (adsense revenue).
Maybe it was just me, but it really seemed to me the Gov Was/is really counting on FB to succeed.

Ah the Web, on top of the world one day, face down in the dirt the next.

[The-Shoveler]

Well My theory is they would be operating at that point in an emergency type of declaration and they would call in all high interest paper that the Fed would buy on the open market.

Will it happen, probably not. so yea your probably right.

I just don’t see them letting everything go BK either.

Maybe something in the middle of where you are and what I am saying..

BTW, L.A. in no way has 20 Years, maybe 20 weeks.

[The-Shoveler]

Hmmm, If we have a lost Decade I would bet that California and several other states (including TX) will have declared BK before we get through it.

LA Budget will have been toast for several years, CalPERS will be demanding 50% or more of Tax revenues .

I guess damn if you do damned if you don’t, me I think they will have inflation while somehow only the Fed will buy the paper at the higher interest. Then the fed can pay the treasury (or just forgo interest payments), anyway that’s the way I see it going down.

[The-Shoveler]

I can tell you, living through the 70’s and 80’s inflation was a lot easier and more fun that living though the last 5-6 years of deflation.

[The-Shoveler]

I am fairly sure that the Fed is really trying to monetize the debt, (get somewhere between 6-8% inflation for 5-10 Years would just about do it)
I would not call that hyper inflation.

I have lived through 8-10% inflation during the late 70’s early 80’s and not only lived to tell about it, I think I actually benefited in some ways (as a working adult I would add).

But 6-8% inflation would almost completely wipe out a lot of long duration bond holders (at Today’s interest rates).

[The-Shoveler]

I think GM and Ford in particular are tied to the housing industry (light Truck sales are their bread and butter).

If and when we get a real construction boom going I think domestic auto makers will pick up as well.

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