3 ms·

- 2022 is going to be slow and forgetful year of complacency - Covid19 virus will mutate and people will be moderately compliant to recurring booster doses -

- 2022 is going to be slow and forgetful year of complacency - Covid19 virus will mutate and people will be moderately compliant to recurring booster doses - No significant climate change policies - Housing prices will not go down yet people/entities will keep buying them - America will invest heavily in arms deals and ignore investing in infrastructure and aid in local and foreign lands - China and America will get involved in a proxy war - Fiat backed government issues e-cash will see greater push

smcl 5y ago
House prices is an interesting one, regardless of where you are in the world. Where I am prices have skyrocketed (my flat which was 3,600,000 in 2017 is now "worth" nearly double that now - 6,900,000) and any time you mention to anyone that this looks like the insane growth we had in the UK and USA prior to the 2007 crash you get brushed off as a lunatic.
- mrslave 5y ago
  Everyone's either getting rich or wants to get in on it. You have a very small audience. I predict that low interest rates will continue to wreak havoc. Lots of media content will address the symptoms but never the cause. No one of influence will publicly call it out. Also should a financial crisis arrive everyone will be like, "Nobody saw that coming!" Not a profound prediction I admit.
- anyfactor 5y ago
  I wouldn't say comparing the housing prices is an orange to orange comparison to 2007 era housing price spike and it's subsequent collapse. The problem is MBS had a form of circuit breaker that verged on national default rate. But this time, housing prices aren't backed by some form of tradable derivative. People and funds are actually buying houses directly. I think people are still making payments on the houses they have bought. But most surprisingly houses are being bought by mega hedge funds like Blackrock and what not. There is no circuit breaker for that. Also in NA and EU zones particularly in Canada, I believe money launderers buy up properties outcompeting and outbidding local investors. I also I firmly believe that, we are living in a post-scarcity economy where economic logic fails, people buy up stuff regardless of its future economic outcome.

smcl 5y ago

House prices is an interesting one, regardless of where you are in the world. Where I am prices have skyrocketed (my flat which was 3,600,000 in 2017 is now "worth" nearly double that now - 6,900,000) and any time you mention to anyone that this looks like the insane growth we had in the UK and USA prior to the 2007 crash you get brushed off as a lunatic.

mrslave 5y ago
Everyone's either getting rich or wants to get in on it. You have a very small audience. I predict that low interest rates will continue to wreak havoc. Lots of media content will address the symptoms but never the cause. No one of influence will publicly call it out. Also should a financial crisis arrive everyone will be like, "Nobody saw that coming!" Not a profound prediction I admit.
anyfactor 5y ago
I wouldn't say comparing the housing prices is an orange to orange comparison to 2007 era housing price spike and it's subsequent collapse. The problem is MBS had a form of circuit breaker that verged on national default rate. But this time, housing prices aren't backed by some form of tradable derivative. People and funds are actually buying houses directly. I think people are still making payments on the houses they have bought. But most surprisingly houses are being bought by mega hedge funds like Blackrock and what not. There is no circuit breaker for that. Also in NA and EU zones particularly in Canada, I believe money launderers buy up properties outcompeting and outbidding local investors. I also I firmly believe that, we are living in a post-scarcity economy where economic logic fails, people buy up stuff regardless of its future economic outcome.