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Is this gonna be worse than ITE in 2008?

The other shoes is about to drop
crimson jap
  07/02/22
much much worse
wine institution
  07/02/22
Why
crimson jap
  07/02/22
The fundamentals. In 2008 we had one thing that went horrib...
Swashbuckling splenetic cuckold
  07/02/22
also, China hates us and is much more of threat than Russia ...
adventurous salmon black woman chad
  07/02/22
Cr
crimson jap
  07/02/22
So sad
marvelous tanning salon
  07/02/22
https://twitter.com/OrwellNGoode/status/1542603194295111683
glittery cuckoldry jew
  07/02/22
nah, there was a balloon of overpriced stock glut and too mu...
razzle-dazzle bronze national idiot
  07/02/22
It’s just your savings getting released in the air. I...
nubile wonderful ratface affirmative action
  07/02/22
...
Swashbuckling splenetic cuckold
  07/03/22
...
vengeful goal in life heaven
  07/02/22
...
Blue Personal Credit Line
  07/02/22
Good thing I'm rich!
slate site
  07/02/22
Rich in what? Dollars? LOL. Crypto? LOL. Real estate? ...
Swashbuckling splenetic cuckold
  07/02/22
he has a rich inner life
Slap-happy Stock Car
  07/02/22
...
sooty senate striped hyena
  07/02/22
...
histrionic fortuitous meteor
  07/02/22
...
laughsome athletic conference
  07/02/22
...
Swashbuckling splenetic cuckold
  07/02/22
...
Blue Personal Credit Line
  07/02/22
...
stirring lilac shitlib quadroon
  07/02/22
Bullets.
appetizing death wish
  07/02/22
Rich in RE pretty 180 right now, I love jacking up rents on ...
jet scourge upon the earth whorehouse
  07/02/22
complete economic collapse in the mid/late 2000s is way bett...
vermilion hall
  07/02/22
the only economist i kind of follow (guy who predicted ITE) ...
Violent clear office psychic
  07/02/22
who dat?
histrionic fortuitous meteor
  07/02/22
Dean Baker
Violent clear office psychic
  07/02/22
If it were possible to foresee something like this, then the...
Multi-colored Dilemma Love Of Her Life
  07/02/22
smart money makes money on fees, and withdrawing from the ma...
jet scourge upon the earth whorehouse
  07/02/22
Smart money e.g. Larry Silverstein himself
Multi-colored Dilemma Love Of Her Life
  07/02/22
man I hope so, I have a shitload of legit cash sitting aroun...
jet scourge upon the earth whorehouse
  07/02/22
This mindset is exactly why this is going to be significantl...
Swashbuckling splenetic cuckold
  07/02/22
Wow you sound like you know a lot about liberal arts. Expoun...
Multi-colored Dilemma Love Of Her Life
  07/02/22
...
Bat-shit-crazy Overrated Place Of Business Community Account
  07/02/22
haha
bull headed nursing home
  07/02/22


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Reply Favorite

Date: July 2nd, 2022 12:52 AM
Author: crimson jap

The other shoes is about to drop

(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44782589)



Reply Favorite

Date: July 2nd, 2022 12:53 AM
Author: wine institution

much much worse

(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44782594)



Reply Favorite

Date: July 2nd, 2022 12:54 AM
Author: crimson jap

Why

(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44782597)



Reply Favorite

Date: July 2nd, 2022 1:00 AM
Author: Swashbuckling splenetic cuckold

The fundamentals. In 2008 we had one thing that went horribly wrong. A collapse based on shitty mortgage debt. We could dig ourselves out though by dropping interest rates, QE, and assorted "emergency measures" which made our national debt explode. We did cash for clunkers. We spent on infrastructure. And so on. But inflation was low so everything was fine. The collapse was contained and ultimately reversed. Some never recovered, of course. But most did.

Now, we have national debt and spending so high that we have tremendous inflation. Combined with our dumb as fuck foreign policy and stupid green energy bullshit, we are totally fucked. We can't spend our way out because inflation is one of the key problems. We can't cut spending without making the economic collapse even worse. If we raise interest rates same thing. If we lower them inflation skyrockets. There are huge supply chain shortage. We have multiple major international conflicts that could spiral into WW3. We just got done with rioting and COVID lockdowns. We're near civil war. When you put it together 2008 looked pretty great. The net result is that many will see their QOL decline dramatically and it may never recover.

(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44782622)



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Date: July 2nd, 2022 1:04 AM
Author: adventurous salmon black woman chad

also, China hates us and is much more of threat than Russia ever was and we just spread them even wider.

(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44782633)



Reply Favorite

Date: July 2nd, 2022 1:47 AM
Author: crimson jap

Cr

(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44782695)



Reply Favorite

Date: July 2nd, 2022 2:47 AM
Author: marvelous tanning salon

So sad

(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44782770)



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Date: July 2nd, 2022 3:44 AM
Author: glittery cuckoldry jew

https://twitter.com/OrwellNGoode/status/1542603194295111683

(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44782890)



Reply Favorite

Date: July 2nd, 2022 1:42 PM
Author: razzle-dazzle bronze national idiot

nah, there was a balloon of overpriced stock glut and too much savings. this is just releasing some of the air.

(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44784128)



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Date: July 2nd, 2022 4:18 PM
Author: nubile wonderful ratface affirmative action

It’s just your savings getting released in the air. It’s healthy goy!

(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44784738)



Reply Favorite

Date: July 3rd, 2022 3:46 PM
Author: Swashbuckling splenetic cuckold



(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44789291)



Reply Favorite

Date: July 2nd, 2022 1:44 PM
Author: vengeful goal in life heaven



(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44784137)



Reply Favorite

Date: July 2nd, 2022 4:28 PM
Author: Blue Personal Credit Line



(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44784761)



Reply Favorite

Date: July 2nd, 2022 12:54 AM
Author: slate site

Good thing I'm rich!

(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44782598)



Reply Favorite

Date: July 2nd, 2022 1:03 AM
Author: Swashbuckling splenetic cuckold

Rich in what? Dollars? LOL. Crypto? LOL. Real estate? LOL. Stocks? Oooh boy.

(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44782625)



Reply Favorite

Date: July 2nd, 2022 1:05 AM
Author: Slap-happy Stock Car

he has a rich inner life

(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44782636)



Reply Favorite

Date: July 2nd, 2022 2:55 AM
Author: sooty senate striped hyena



(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44782779)



Reply Favorite

Date: July 2nd, 2022 3:29 AM
Author: histrionic fortuitous meteor



(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44782848)



Reply Favorite

Date: July 2nd, 2022 3:32 AM
Author: laughsome athletic conference



(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44782856)



Reply Favorite

Date: July 2nd, 2022 1:41 PM
Author: Swashbuckling splenetic cuckold



(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44784118)



Reply Favorite

Date: July 2nd, 2022 4:28 PM
Author: Blue Personal Credit Line



(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44784760)



Reply Favorite

Date: July 2nd, 2022 5:51 PM
Author: stirring lilac shitlib quadroon



(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44785117)



Reply Favorite

Date: July 2nd, 2022 3:41 AM
Author: appetizing death wish

Bullets.

(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44782885)



Reply Favorite

Date: July 2nd, 2022 4:27 PM
Author: jet scourge upon the earth whorehouse

Rich in RE pretty 180 right now, I love jacking up rents on proles like you *Tim the tool man grunt noises*

(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44784755)



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Date: July 2nd, 2022 3:16 AM
Author: vermilion hall

complete economic collapse in the mid/late 2000s is way better than any "good times" in the 20s. we are so fucking gone u have no idea.

(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44782809)



Reply Favorite

Date: July 2nd, 2022 1:48 PM
Author: Violent clear office psychic

the only economist i kind of follow (guy who predicted ITE) says the economy is fine

(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44784147)



Reply Favorite

Date: July 2nd, 2022 4:11 PM
Author: histrionic fortuitous meteor

who dat?

(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44784719)



Reply Favorite

Date: July 2nd, 2022 4:39 PM
Author: Violent clear office psychic

Dean Baker

(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44784784)



Reply Favorite

Date: July 2nd, 2022 4:15 PM
Author: Multi-colored Dilemma Love Of Her Life

If it were possible to foresee something like this, then the smart money would be completely and totally out of the stock market and SPY would be like 75.

(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44784730)



Reply Favorite

Date: July 2nd, 2022 4:29 PM
Author: jet scourge upon the earth whorehouse

smart money makes money on fees, and withdrawing from the market helps the client but not the smart money that earns the fees

better to be in the market actively, earning fees and losing your clients' money like everyone else would be doing, rather than saving their money but earning no fees

(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44784764)



Reply Favorite

Date: July 2nd, 2022 5:00 PM
Author: Multi-colored Dilemma Love Of Her Life

Smart money e.g. Larry Silverstein himself

(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44784867)



Reply Favorite

Date: July 2nd, 2022 4:20 PM
Author: jet scourge upon the earth whorehouse

man I hope so, I have a shitload of legit cash sitting around right now I'd love to make a mil or two riding a recovery

(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44784742)



Reply Favorite

Date: July 2nd, 2022 5:47 PM
Author: Swashbuckling splenetic cuckold

This mindset is exactly why this is going to be significantly worse than 2008. You assume you won't get a scenario where those dollars devalue, interest rates are high, prices for many things increase, stock prices decrease, taxes increase, crime increases and so on. 2008 was great if you had cash. Inflation remained low, you buy up some stocks or housing and watch your net worth skyrocket. I very much doubt this will play out similarly.

(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44785087)



Reply Favorite

Date: July 2nd, 2022 6:50 PM
Author: Multi-colored Dilemma Love Of Her Life

Wow you sound like you know a lot about liberal arts. Expound.

(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44785451)



Reply Favorite

Date: July 2nd, 2022 11:18 PM
Author: Bat-shit-crazy Overrated Place Of Business Community Account



(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44786644)



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Date: July 2nd, 2022 4:29 PM
Author: bull headed nursing home

haha

(http://www.autoadmit.com/thread.php?thread_id=5144826&forum_id=2#44784766)