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Like the US in the 60s?If done constantly it would be some form of extreme socialism, instead of the dabbling in socialism while supporting and favoring capitalism as the driving economic force, we have always favored. It would produce a society of the laziest, dumbest sonsabitches the world has ever seen, while it lasted. Sooner or later, the money does run out, though.
Lol. Grown in ConUS and Hawaii.tropical imports like Kiwi and Macadamia nuts
My parents bought for $50k it’s worth $250k today. I bought my condo $60k it’s worth $250k. It’s on a lake but point is, it’s better than renting. But I know what you are saying. Buyer beware.They could rent forever. Racking up almost 100% "interest"? Excluding property taxes. Insurance and major breakdowns.
Didn’t the bankers jeti mind **** you and sick you on occupy wallstreet protester’s? How easily they divided us and you attacked us for going after the bankers. Did you forget that part?You keep claiming different, I claim they are one and the same. Bush didn’t punish the bankers and neither did Obama
My parents bought for $50k it’s worth $250k today. I bought my condo $60k it’s worth $250k. It’s on a lake but point is, it’s better than renting. But I know what you are saying. Buyer beware.
Would you deny my dad the mortgage? They gave him a 30 with 20% interest in 1978
I would pay it off quicker. Re finance later to a 30 or 15.50 year mortgage is a bad idea. You should run the math on the cost of that loan compared to 30 year. Owning vs renting isn't worth it, and renters do not care about property values.
I lived off 6 and Evergreen. Detroit. We left in 78 but my grandmother stayed. She died in that house. Not literally but she lived there till she went to the hospital and never got out.Tou can buy a home for $5000 in DET but you cant live in it. You have to fix it and if you leave it, better not leave valuables behind
You can't resell it easily when you need to get out.
This does not happen in SJ CA.
They wouldn't sell to him if it was a bad risk. He needs a down payment. 20% down.
That usually protects the bank no matter what. If the get the house back or it re-sells. They got enough cushion. Even in CA that was working.
Less than 20% in CA you used to have to buy PMI.
My cousins had worthless buildings in worthless rundown Detroit. Gangs, crime, vandals, thieves. Sometimes pull a gun sometimes make a truce. Hire them to protect the place. Ignore their illegal activities.Tou can buy a home for $5000 in DET but you cant live in it. You have to fix it and if you leave it, better not leave valuables behind
You can't resell it easily when you need to get out.
This does not happen in SJ CA.
They wouldn't sell to him if it was a bad risk. He needs a down payment. 20% down.
That usually protects the bank no matter what. If the get the house back or it re-sells. They got enough cushion. Even in CA that was working.
Less than 20% in CA you used to have to buy PMI.
I was all for OWS, and then they went stupid and crapped on cars and raped women in their own camps, soI wasn’t for that.Didn’t the bankers jeti mind **** you and sick you on occupy wallstreet protester’s? How easily they divided us and you attacked us for going after the bankers. Did you forget that part?
Sure are a lot of really WHITE faces in that completely unqualified bunch. This is the least educated cabinet in recent US history.
Stupid, uneducated and MAGA is no way to go through life.
Transporting goods from China or Mexico costs money. Wouldn’t it benefit companies to move manufacturing here and not pay those shipping costs?
Labor costs in Mexico and China are going up. Companies aren’t saving as much as they used to making somewhere else.
Automation
Today they don’t have to pay taxes. Democrats make companies pay their fair share of taxes. You’ll argue, I know, don’t bother.
The jobs that left were high paying union jobs. The ones that come back won’t be.
I’ll take the jobs that do come though. Some things we should make at home. We will try it your way. No choice
I think it’s you.Maybe it's just you that sucks.
Apple prices are up 9.6% compared to last yearConsidering the way they have fought Trump at every turn, it seems they don't think so, or at least have completely adopted work arounds so that the cost doesn't come out of THEIR end.
Which means that this might be a good time to TRY to bring the jobs back.
It is not a sure thing that an automated factory can be cheaper than a wage slave or even SLAVE factory.
Sure they do. That's why the super rich sided with HIllary and Biden and Harris.
That is your defeatist ASSUMPTION.
The choice for teh working class is to try or just accept defeat and being insulted by people like you..
Any decent person would understand and respect our choice to TRY.
You could RESIST. Be UNGOVERABLE. Maybe you could tie up Trump's second administration the way you did the first, with impeachments and riots to the point that he can't advance his agenda.
Make sure that the other side, even when they win elections, don't get to TRY.
Forget about democracy and peaceful transfers of power, just WIN at all costs and make teh future YOU want.
That seems to be what the dems are going for. Don't you support that? You are supporting them at every step of the way...
1978 the average interest rate was 9.64%. It wasn’t until 1981 or 1982 that it Got close to 20%.I like a 50 year mortgage. My dad got a 30 year mortgage with 20% interest in 1978. It didn’t take him 30 years to pay it off. That home was his first investment.
Economies have inflation, always have, always will. They tend to be quite low, 2% to 3% -They were falling under Biden again, after inflation dropped. Trump is the one that ran on getting food prices down, of course that is before he decided to be the tariff tax king. Now everything is going up, except farmer's profits, which are dropping like a rock, just like last time he was in office, when he had to bail them out, again destroying markets.
1978 the average interest rate was 9.64%. It wasn’t until 1981 or 1982 that it Got close to 20%.
Frankly, I would be surprised if it can be held to that level, in light of the effects of Trump tariffs, which could easily be more serious than the inflation caused by the compbine money dump of around $4 trillion dollars, that had to percolate back up through the system, that did spawn investment in infrastructure, as it changed hands goin back to the top, creating jobs and production increases, until the effects leveled off. This time, it is spawned by Trump's stupid tariffs, not feeding the economy but going straight to the government, which does not produce a damned thing, and not producing jobs or increase efficiencies. We lost 50,000 jobs this quarter. Trump may have inherited from Obama, an inflation rate of a little over 1% when he took over the first time, but the next President will be looking at the 5 to 6% level, 3 years from now and no telling what the employment picture will be. We could be looking at inflation rates and jobs pictures of the Carter early Reagan days.Economies have inflation, always have, always will. They tend to be quite low, 2% to 3% -
Inflation Rate in the United States increased to 3 percent in September from 2.90 percent in August of 2025. Inflation Rate in the United States is expected to be 3.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Inflation Rate is projected to trend around 2.60 percent in 2026 and 2.40 percent in 2027, according to our econometric models.
So nothing different under Trump. Go back to the Biden days!!!
Jesus. Your ability to just flat out lie is unparalleled.None of that is happening.
