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May 4, 2021
10:11
:51
pm
Heath Squashwell
All-American
I think you’re right but i think you need to give it a few more years
It won’t fall apart in a day. Nothing is cracking yet, but it will start soon enough.
Also please remember that if inflation happens, having (modest) debt is a good thing, if you remain employed and can service the debt.
This message has been modified
Originally posted on May 4, 2021 at 10:11:51pm
Message modified by Heath Squashwell on May 4, 2021 at 10:12:51pm
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Heath Squashwell
Previous username
Barrio Coug
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Heath Squashwell
Joined
Dec 31, 2015
Last login
Jun 21, 2024
Total posts
11,748 (58 FO)
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Messages
Author
Time
Alright CB, talk me out of my Doomsday mood with the economy.
Moops
5/4/21 10:01pm
You're likely right.
Ragnar Danneskjold
5/4/21 10:05pm
RE: You're likely right.
(Private)
5/4/21 10:13pm
Woah. Obama as a kid?
TNT
5/4/21 10:40pm
Anyone who knows what will happen next will be super rich if they act on it
Jericho
5/4/21 10:06pm
Can you find some place cheap?
BYULAWGUY
5/4/21 10:08pm
New Mexico... since our govt stinks, economy shut down, etc... CHEAP
Xenon
5/5/21 5:14am
Wait, there is a New Mexico?
BYULAWGUY
5/5/21 5:19am
Sorry Xenon. Although it’s cheaper, house values have been rising here too. Mine
LaserCoug
5/5/21 6:24am
Prices rises in some places ... but not as fast as most of the country
Xenon
5/5/21 6:36am
I’m just glad I don’t need to move to one of these hot markets
LaserCoug
5/5/21 6:43am
So ... thread from earlier looks like 30% year over year vs 10% in New Mexico
Xenon
5/5/21 10:04am
Probably will help that Intel is dropping 3.5 billion in my town
LaserCoug
5/5/21 8:52am
You are right. However it's very difficult to time. I have a colleague who has
Agnostic-alumni
5/4/21 10:10pm
I think you’re right but i think you need to give it a few more years
Heath Squashwell
5/4/21 10:11pm
You're crazy.
BlueTooth
5/4/21 10:13pm
printing money benefits us now at the expense of future generations.. with this much cash in the world I don't see how
HarlemCoug
5/4/21 10:16pm
The economy would have collapsed already, if it wasn’t the basis for temples and
OU Cougar
5/4/21 10:17pm
The future is as bright as your faith
grosven
5/4/21 10:17pm
It will be fascinating to see how this plays out, there will be a correction
4slyce
5/4/21 10:20pm
You’re crazy. We can kick the fiscal can down the road for decades. Look at
Mr. Rumsfield
5/4/21 10:28pm
Geez. You're the indicator of when to buy.
Stev_ie
5/4/21 10:29pm
Predictions nonstop for exact same reasons since 1965. Someday it will happen.
roseyscenario
5/4/21 10:44pm
Boardname checks out 😉
Moops
5/4/21 11:07pm
Great post. Technology is deflationary and
grosven
5/4/21 11:08pm
My concern and the reason I feel we're closer to what Moops said is that the American people are declining in their
CoogsWin
5/5/21 12:43am
There it is. The “your generation sucks” argument. As old as Moses.
ebv
5/5/21 6:37am
Our generation does suck
Backcountry
5/5/21 6:53am
Each generation sucks in its own ways. It's pretty annoying when a previous one
ebv
5/5/21 10:28am
I agree with a lot of this but I think it might take a while to have full effect
MetaLearner
5/5/21 9:47am
I think having no mortgage is the opposite of the correct move.
Backcountry
5/4/21 10:57pm
RE: Alright CB, talk me out of my Doomsday mood with the economy.
BYU Grounds
5/4/21 11:07pm
Thanks for the replies.
Moops
5/4/21 11:16pm
Hope for the best, prepare for the worst. Win/win all around
Nat Gas Man
5/4/21 11:22pm
You must read Jack Reacher
Moops
5/4/21 11:40pm
Ray Dalio's book on Big Debt Crises has a lot of data to consider from the build-up to past crises.
Sandstone Cougar
5/4/21 11:46pm
We should prepare our portfolios accordingly. You can do it without
Stev_ie
5/5/21 12:29am
That is the goal for a total power grab. Biden's plan working to perfection.
coolblue
5/5/21 8:39am
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