[XBoxBoy]

Your plan makes sense, IF and only IF, we do end up getting inflation and high interest rates in the near future. That if is by no means a certainty.

I have no idea who will be right in this inflation/deflation debate, but be aware that both sides have good sounding arguments. (Although obviously one side is wrong)

If you look at Japan over the course of the last decade and a half, you see low interest rates and stagnant economy with bouts of deflation. There are lots of reasons to think we will experience a similar fate. If that comes to pass, your plan will be a loser, and you will have to cough up money to pay off the loan and interest, or go into bankruptcy.

But maybe the deflationista’s are wrong, and you’ll be able to re-lend the money into high paying CDs or some such.

Just be aware that your plan clearly falls under the category of speculation and comes with risks.

XBoxBoy

[XBoxBoy]

Your plan makes sense, IF and only IF, we do end up getting inflation and high interest rates in the near future. That if is by no means a certainty.

I have no idea who will be right in this inflation/deflation debate, but be aware that both sides have good sounding arguments. (Although obviously one side is wrong)

If you look at Japan over the course of the last decade and a half, you see low interest rates and stagnant economy with bouts of deflation. There are lots of reasons to think we will experience a similar fate. If that comes to pass, your plan will be a loser, and you will have to cough up money to pay off the loan and interest, or go into bankruptcy.

But maybe the deflationista’s are wrong, and you’ll be able to re-lend the money into high paying CDs or some such.

Just be aware that your plan clearly falls under the category of speculation and comes with risks.

XBoxBoy

[XBoxBoy]

Your plan makes sense, IF and only IF, we do end up getting inflation and high interest rates in the near future. That if is by no means a certainty.

I have no idea who will be right in this inflation/deflation debate, but be aware that both sides have good sounding arguments. (Although obviously one side is wrong)

If you look at Japan over the course of the last decade and a half, you see low interest rates and stagnant economy with bouts of deflation. There are lots of reasons to think we will experience a similar fate. If that comes to pass, your plan will be a loser, and you will have to cough up money to pay off the loan and interest, or go into bankruptcy.

But maybe the deflationista’s are wrong, and you’ll be able to re-lend the money into high paying CDs or some such.

Just be aware that your plan clearly falls under the category of speculation and comes with risks.

XBoxBoy

[XBoxBoy]

[quote=La Jolla Renter]and so many said it couldn’t happen… la jolla is imune… bla bla bla

http://www.sdlookup.com/MLS-080082556-942_La_Jolla_Rancho_Rd_La_Jolla_Ca_92037

05/20/2009 $1,630,000
11/21/2005 $2,465,000 [/quote]

And this isn’t an isolated case. Here’s a place near by on Rutgers.

http://www.sdlookup.com/MLS-090016005-5585_Rutgers_Rd_La_Jolla_Ca_92037

Bought 04/18/2007 $2,314,000
Current asking price $1,895,000

Not as big a drop, but then again that’s only asking price.

[XBoxBoy]

[quote=La Jolla Renter]and so many said it couldn’t happen… la jolla is imune… bla bla bla

http://www.sdlookup.com/MLS-080082556-942_La_Jolla_Rancho_Rd_La_Jolla_Ca_92037

05/20/2009 $1,630,000
11/21/2005 $2,465,000 [/quote]

And this isn’t an isolated case. Here’s a place near by on Rutgers.

http://www.sdlookup.com/MLS-090016005-5585_Rutgers_Rd_La_Jolla_Ca_92037

Bought 04/18/2007 $2,314,000
Current asking price $1,895,000

Not as big a drop, but then again that’s only asking price.

[XBoxBoy]

[quote=La Jolla Renter]and so many said it couldn’t happen… la jolla is imune… bla bla bla

http://www.sdlookup.com/MLS-080082556-942_La_Jolla_Rancho_Rd_La_Jolla_Ca_92037

05/20/2009 $1,630,000
11/21/2005 $2,465,000 [/quote]

And this isn’t an isolated case. Here’s a place near by on Rutgers.

http://www.sdlookup.com/MLS-090016005-5585_Rutgers_Rd_La_Jolla_Ca_92037

Bought 04/18/2007 $2,314,000
Current asking price $1,895,000

Not as big a drop, but then again that’s only asking price.

[XBoxBoy]

[quote=La Jolla Renter]and so many said it couldn’t happen… la jolla is imune… bla bla bla

http://www.sdlookup.com/MLS-080082556-942_La_Jolla_Rancho_Rd_La_Jolla_Ca_92037

05/20/2009 $1,630,000
11/21/2005 $2,465,000 [/quote]

And this isn’t an isolated case. Here’s a place near by on Rutgers.

http://www.sdlookup.com/MLS-090016005-5585_Rutgers_Rd_La_Jolla_Ca_92037

Bought 04/18/2007 $2,314,000
Current asking price $1,895,000

Not as big a drop, but then again that’s only asking price.

[XBoxBoy]

[quote=La Jolla Renter]and so many said it couldn’t happen… la jolla is imune… bla bla bla

http://www.sdlookup.com/MLS-080082556-942_La_Jolla_Rancho_Rd_La_Jolla_Ca_92037

05/20/2009 $1,630,000
11/21/2005 $2,465,000 [/quote]

And this isn’t an isolated case. Here’s a place near by on Rutgers.

http://www.sdlookup.com/MLS-090016005-5585_Rutgers_Rd_La_Jolla_Ca_92037

Bought 04/18/2007 $2,314,000
Current asking price $1,895,000

Not as big a drop, but then again that’s only asking price.

[XBoxBoy]

[quote=Crooked_Banker][quote=Nor-LA-SD-guy]It’s the Small guy I think that will be forced out of business, the guy writing apps for Iphone out of his home etc…
[/quote]

Actually, lawyers tend to go after big pockets (that’s where the money is), so the big software companies are more likely to get hit by lawsuits than the little guys.
[/quote]

Let me give you a specific example of how this would probably play out, and you’ll see that it will cost the big guys, but kill the little guys. I work writing video games. Specifically for the XBox360 and for the Wii. The company I work with, we write the game, then microsoft or nintendo certify them and they get released. More than likely, Microsoft and Nintendo would require us to purchase insurance to cover any liability caused by our games. (They already require us to purchase some liability, but not covering defects in the game) If this insurance was big enough to cover class action suits the premiums would probably be high enough to kill a small company like I work for.

So, the end result would be the killing of small innovative developers. Large firms like Microsoft and Nintendo could probably self insure, and would use their in house lawyers to fight most of the lawsuits. It would cost them, but it probably wouldn’t kill them.

XBoxBoy

[XBoxBoy]

[quote=Crooked_Banker][quote=Nor-LA-SD-guy]It’s the Small guy I think that will be forced out of business, the guy writing apps for Iphone out of his home etc…
[/quote]

Actually, lawyers tend to go after big pockets (that’s where the money is), so the big software companies are more likely to get hit by lawsuits than the little guys.
[/quote]

Let me give you a specific example of how this would probably play out, and you’ll see that it will cost the big guys, but kill the little guys. I work writing video games. Specifically for the XBox360 and for the Wii. The company I work with, we write the game, then microsoft or nintendo certify them and they get released. More than likely, Microsoft and Nintendo would require us to purchase insurance to cover any liability caused by our games. (They already require us to purchase some liability, but not covering defects in the game) If this insurance was big enough to cover class action suits the premiums would probably be high enough to kill a small company like I work for.

So, the end result would be the killing of small innovative developers. Large firms like Microsoft and Nintendo could probably self insure, and would use their in house lawyers to fight most of the lawsuits. It would cost them, but it probably wouldn’t kill them.

XBoxBoy

[XBoxBoy]

[quote=Crooked_Banker][quote=Nor-LA-SD-guy]It’s the Small guy I think that will be forced out of business, the guy writing apps for Iphone out of his home etc…
[/quote]

Actually, lawyers tend to go after big pockets (that’s where the money is), so the big software companies are more likely to get hit by lawsuits than the little guys.
[/quote]

Let me give you a specific example of how this would probably play out, and you’ll see that it will cost the big guys, but kill the little guys. I work writing video games. Specifically for the XBox360 and for the Wii. The company I work with, we write the game, then microsoft or nintendo certify them and they get released. More than likely, Microsoft and Nintendo would require us to purchase insurance to cover any liability caused by our games. (They already require us to purchase some liability, but not covering defects in the game) If this insurance was big enough to cover class action suits the premiums would probably be high enough to kill a small company like I work for.

So, the end result would be the killing of small innovative developers. Large firms like Microsoft and Nintendo could probably self insure, and would use their in house lawyers to fight most of the lawsuits. It would cost them, but it probably wouldn’t kill them.

XBoxBoy

[XBoxBoy]

[quote=Crooked_Banker][quote=Nor-LA-SD-guy]It’s the Small guy I think that will be forced out of business, the guy writing apps for Iphone out of his home etc…
[/quote]

Actually, lawyers tend to go after big pockets (that’s where the money is), so the big software companies are more likely to get hit by lawsuits than the little guys.
[/quote]

Let me give you a specific example of how this would probably play out, and you’ll see that it will cost the big guys, but kill the little guys. I work writing video games. Specifically for the XBox360 and for the Wii. The company I work with, we write the game, then microsoft or nintendo certify them and they get released. More than likely, Microsoft and Nintendo would require us to purchase insurance to cover any liability caused by our games. (They already require us to purchase some liability, but not covering defects in the game) If this insurance was big enough to cover class action suits the premiums would probably be high enough to kill a small company like I work for.

So, the end result would be the killing of small innovative developers. Large firms like Microsoft and Nintendo could probably self insure, and would use their in house lawyers to fight most of the lawsuits. It would cost them, but it probably wouldn’t kill them.

XBoxBoy

[XBoxBoy]

[quote=Crooked_Banker][quote=Nor-LA-SD-guy]It’s the Small guy I think that will be forced out of business, the guy writing apps for Iphone out of his home etc…
[/quote]

Actually, lawyers tend to go after big pockets (that’s where the money is), so the big software companies are more likely to get hit by lawsuits than the little guys.
[/quote]

Let me give you a specific example of how this would probably play out, and you’ll see that it will cost the big guys, but kill the little guys. I work writing video games. Specifically for the XBox360 and for the Wii. The company I work with, we write the game, then microsoft or nintendo certify them and they get released. More than likely, Microsoft and Nintendo would require us to purchase insurance to cover any liability caused by our games. (They already require us to purchase some liability, but not covering defects in the game) If this insurance was big enough to cover class action suits the premiums would probably be high enough to kill a small company like I work for.

So, the end result would be the killing of small innovative developers. Large firms like Microsoft and Nintendo could probably self insure, and would use their in house lawyers to fight most of the lawsuits. It would cost them, but it probably wouldn’t kill them.

XBoxBoy

[XBoxBoy]

[quote=SD Realtor]The current administration is not going to let the bond market pop. Even if they have to give the entire state of Alaska to China, [/quote]

Hmmmmm…. now that’s an interesting idea. Do you think they’d take it? I have a brother-in-law who used to live in Alaska, I’ll gladly throw him into the deal for free.

[XBoxBoy]

[quote=SD Realtor]The current administration is not going to let the bond market pop. Even if they have to give the entire state of Alaska to China, [/quote]

Hmmmmm…. now that’s an interesting idea. Do you think they’d take it? I have a brother-in-law who used to live in Alaska, I’ll gladly throw him into the deal for free.

[Author]

Posts