youngGoku

The problem with falling house prices is for the people who recently purchased. Imagine buying a home for $500k and 1 year later you still owe $475k on it and it's only worth $450k.

Eventually people say fuck it, and declare bankruptcy to get over an upside down mortgage.

If enough people do that then the banks fail. If enough banks fail then there's cascading effects across the economy which can lead to mass layoffs, failing businesses, and other crises.

If collapse is what you want then yeah let then fall. But there's a lot more pain in collapse than you realize.

There's truth to both sides, sir. It's true that there's no 100% safe investment and it's also true that investing in gold can shield you from losses in companies and inflation.

It's obviously pronounced "jif" just like giraffe.

What a time to be alive. When you can be born with room temperature IQ and convince the masses you're the person who will represent them.

The slow wither approach.

Yeah I hope "I want to win" isn't his slogan haha

I want to become an artist and move to Ireland now.

And how he ruined the Home Alone movie.

Probably said okay to the deal with 0 intention of following through just so Trump would stfu about it.

The thing about most mega rich people is they don't earn wages. So this wouldn't affect them.

These are the kinds of discussions you will never see on reddit, anything implying that the masses could turn violent against a tyrant is deleted and banned.

But I thought the war was over according to the President expecting his Nobel Peace prize any day now.