ALWAYS AWOO NEVER CONCEDE AUDIT THE FRAUD DROP THE HAMMER PUNCH THE SCORECARD HANG THE RIGGERS JINX THE JABBERS FINISH THE WALL DRAIN THE SWAMP SINK THE CHINK IT'S OKAY TO BE WHITE LET'S GO BRANDON BE BEST JUST LOVE AND FORGIVE YOUR FRIENDS AND FAMILY (EVEN IF THEY'RE WRONG) STRONGER TIMES NOW THIS IS ULTRA MAGA COUNTRY TRUMP FOREVER!
fed is doing something really evil by encouraging banks to remove money from the market in a short-term manner while raising rates, first to give them a buffer of capital, but secondly so the planned inflation can be padded out for longer easier so it doesn't look as bad on paper of course this is doing nothing to make sure people are able to buy products they need but since when did the fed care about that
What they're doing is trying to bleed out any excess wealth the middle class made during COVID. Less money in system = curbing inflation They pop the asset bubble by raising rates which is probably going to reach 3% by next year. Things will be ugly in the short term.
Jayden Long
Germany was once in this position.
Asher Peterson
i'm just wondering what's going to happen to the housing industry, especially with the renewed fervor of buying up property
It's going to keep getting worse of course. We've been in a building freeze for years now because no one can afford the 500% increase in cost in virtually every single building material.
Zachary Baker
also please ban all foreign ownership of property thanks! (yes yes there's loopholes but you can make it very tough to do so)
that's kind of a problem because we don't build things to last these days so building freezes means less buildings over time which means demand increases which means higher building costs which means less building
yeah i personally know a few construction companies that went out business because they had: a. no work b. not enough capital to cover construction costs and/or it was not profitable c. covid blah blah
