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The-Shoveler
ParticipantThis has very little chance of working even if passed (unless EV’s become much cheaper and more practical)
1) People will not be driving less because they can’t.
(there is no room, they MUST expand/sprawl).2) There will be more mass transit so that will help a little but driving your own car will always be more convenient and desirable for most.
3) there will be about 15-20 million more people living in Socal over the next 50 years, they are going to live where?
ParticipantBeen out of the market for a while now myself.
But really I think they will just start QE5 or whatever QE we are up to now.
Unless North Korea goes boom, that is unpredictable so things could get really bad.
Participant[quote=livinincali] Interest rates may remain low for awhile so maybe’s there’s nothing to worry about but 5’s or 6’s on mortgage rates would have a huge negative impact on housing prices.[/quote]
Its a catch 22,
A huge negative impact on housing prices.
Has a huge negative impact on the economy.
Participant[quote=moneymaker]Global warming seems a little more believable today![/quote]
+1August 13, 2015 at 6:24 AM in reply to: What exactly is a currency war and the implications? #788624ParticipantIt’s all about exports and Jobs.
China’s exports were down about 8% year over year, they are used to growing about 8% year over year.
They tried to get the internal consumption thing happening but there are more Chinese savers than spenders apparently and the Chinese stock market became the same casino it is here.
It will be interesting if this leads to a US stock market crash, the pension plans are already on the ropes as it is even near record highs.
ParticipantWhen a company has this type of PTO policy, if your lucky it just means they don’t want to show the Balance due on the books, but it is more likely they just don’t want to pay you for vacation at all (especially for smaller companies that typically offer these, for a larger company it generally means they don’t want the balance on the books).
ParticipantI am not saying that home prices are not silly right now but I will say they are not and have not been building near enough homes.
I was hearing that resale inventory (below 800K in price) is down about 28% from last year and it was even low then.
ParticipantYep, think this is kind of just another step to increase productivity (on paper anyway).
Every year the CEO ‘MUST’ show increase in worker productivity and profit year after year after year….
Not so bad for most industries but they apply the same metrics to health care etc…
Anyway I can see a day coming where there are no full time employees, just contract workers.
ParticipantYep me too, Ocean still looks the same as it did 50 years ago.
There were bad storms, long heat waves and bad droughts in the 60’s and 70’s, people used to freeze to death back east all the time.
ParticipantIt’s 1.35 Australian Dollar.
Time to look down under LOL.
the CAN and AUS dollars were actually above the USD at one point.
Just goes to show you what happens when China slows down.
there are some who say we are about to repeat the 1997 Asia crash.
ParticipantI think SoCal is the best place to ride out the end times.
Not an expert but I think the warmer it gets the wetter it will get in SoCal also I think they said the gulf stream would shut down and that would actually cause the more northern latitudes to freeze over.
But I am still on the fence about the whole warming thing and think it may be being blown way out of proportion.
I was hearing that if you charted the parts-per-million over the last 60 million years or so we are still quite below average.
I should have added SoCal 300 or so feet above sea level.
ParticipantIt may not be different, BUT it maybe early yet in the cycle.
It maybe more like 1999 than 2006 .
Yea, so its probably not different this time.
ParticipantYea but you really can’t get the party started until you get rid of the pesky down payment requirement.
That and this whole being able to qualify thing.
They really kind of put a downer on the whole party, esp the lower end, the party is just not being primed (you know juiced) like it was in 2005/6.
ParticipantWell I like to think of it that way (some big warehouse filled with silver LOL).
But they do hold at least some.
This is what I got off the web.
SLV currently holds over 325 million ounces of silver in its trust.I think it is kind of like the qqq’s or index ETF’s. it’s not just physical silver but it tries to come close to that as possible.
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