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The-Shoveler
ParticipantWarren Buffett said on Wednesday the recent craze over bitcoin and other cryptocurrencies won’t end well.
“If I could buy a five-year put on every one of the cryptocurrencies, I’d be glad to do it but I would never short a dime’s worth.”“Me” IMO the environmental cost of mining/creating these things is too great, the gov should put an end to it as fast as possible.
The-Shoveler
ParticipantBitcoin mining could use more electricity in 2018 than Argentina.
Don’t know seems like a big waste and stress on the environment IMO.
LOL Things we humans do.
The-Shoveler
ParticipantNow If I could just get a FDIC CD’s with 10% interest like we could in the 80’s LOL.
Heck you could get 5% CD’s in 2005-6.
That was sweet until the bank folded LOL
(thank god for FDIC).The-Shoveler
ParticipantSome Condo’s HOA’s (and apartments) forbid smoking anywhere in the complex.
(inside the condo or outside on common areas).
The-Shoveler
ParticipantSoo you think NK will not have the ability to develop this on their own?
(or buy talent?)
Having the ability to take out “one” Individual in a crowd (reliably) may take a long time but to take out anything that looks human in a given city probably not so long.
The-Shoveler
ParticipantWould be cool to be young LOL.
The-Shoveler
ParticipantIMO if the goal was to stimulate the economy you would give tax breaks to both the little guy (UMC) and the corporations.
The little guy will definitely spend more locally than the top 1% or .01%.
IMO the goal is not to stimulate the economy, the goal seems to be keep the UMC workers in slave mode.
Europe IMO is a lot like that, keep all the working class more or less at the same level.
IMO No one is really concerned about the Gov Debt, it is just a way to keep order.
anyway IMO.
The-Shoveler
ParticipantActually, I think this might spur a new type of property management Biz,
Where two families get together to buy high end homes that they rent to each other LOL.
Come to think of it I don’t know why they are not doing this now, A lot more write off’s that way,
Or maybe they make an agreement where each just say they are renting their neighbors house (exchange mailbox keys, not door keys etc..) LOL.The-Shoveler
Participant[quote=spdrun]
The biggest risk the plan in its current form is that it will hit the coastal housing markets hard, effectively this increases the cost of buying a home in these regions significantly and will crash the market which in turn will affect economy and job losses for folks down the chain.
Risk or feature. Depending on whether you’re interested in investing in distressed property or not :)[/quote]
Mostly I think it would affect high end (maybe > 600/800K), not many homes pencil out as rentals in that range.
IMO not many (on the blue state coasts) will win with this in its present form.
The-Shoveler
ParticipantI think that is the whole point.
If Amazon wants to attract the best and brightest…
The-Shoveler
ParticipantI would not move to Detroit even if Google offered me a Job there LOL.
I still say Riverside LOL.
The-Shoveler
ParticipantPrivate party Used Cars.
The-Shoveler
ParticipantEveryone is looking in the wrong direction IMO.
The Prez really cannot do much (other than start a war, now that can really mess things up).
Demographics rule IMO
The millennials (the largest population bulge EVER) are just starting their peak earning and spending cycle.That could keep things going a lot higher and longer than
almost anyone is thinking is possible IMO.The-Shoveler
ParticipantThey will need to add warning labels in the veggie and bread aisles.
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