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The-Shoveler
ParticipantThe largest Labor shortages are at the lower end of the skills/wage Jobs.
IMO I keep to my theory that for some reason TPTB are terrified of a serous recession and will do anything to avoid one.
But if the fed is allowed to really follow through on their mission, this could get real bad real fast.
Anyway Just my opinion.
ParticipantIMO Labor shortage can turn into a Labor surplus very fast once people stop spending.
Right now there is still just lots of money sloshing about.
That said I still stick to my theory that the FED and TPTB are scared to death of a recession for some reason and will issue helicopter money at first sign of serious downturn.
But if we were to get a serious recession I think it would look a lot like 2000 when everything crashed in a heart beat and even good tech people found themselves out on the street.
ParticipantYea me too,
Retirement scares the crap out of me to be honest.Participantyea cities/counties can be much worse than HOA’s sometimes.
PITA
ParticipantWent into the Office today (first time since January),
About half the people that were normally here are present.
Learning/hearing about several people in other departments that retired over the last two years, kind of interesting really.
Feels weird dressing up and going in LOL.
ParticipantWatch out for the gold diggers.
ParticipantThe Scaredy brand seems to be holding up well on piggington’s
March 31, 2022 at 3:47 PM in reply to: Yield curve inversion, short to medium term macro predictions #824762ParticipantI think you left out the cold war.
IMO inflation will keep going but so will economy.
IMO There will be so much stimulus and federal spending that it just buries all the problems with cash.
It will look a lot like the mid 80’s
But that’s just my opinion.
Participantdup
ParticipantWorking from home most of the time, my wife yells at me to change my sweats at least once a week.
ParticipantXXL
ParticipantReal easy to have sellers remorse these days but if there is one thing I have learned, if you sell a house in SoCal you will eventually regret it.
The tech industry growth in SD (especially NC) the last 10 years has been miraculous (almost anyway).
Participant[quote=Coronita]https://www.youtube.com/watch?v=BH5-rSxilxo[/quote]
LOL I love that commercial, but that said I would not touch crypto or nft’s with a 10 foot pole.
IMO one day most everyone will wake up and say,
“this is just a bunch of numbers in a computer with nothing to back it up”
Same for digital RE IMHO.
ParticipantThere are probably going to be a lot of new mortgage products.
50 – 70 – 100 year mortgages
interest only
Maybe equity sharing.Who knows, the issue this time is we are not overbuilt so a big housing crash is unlikely IMO.
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