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There is a recession/depression coming this summer, and it will be here before it is announced because that is how economics works. Prepare now. Sell at the hig
by FollowingTheDao 5y ago
There is a recession/depression coming this summer, and it will be here before it is announced because that is how economics works. Prepare now. Sell at the high if you own a house and do not want to live in it for the next 20 years.
- BaseballPhysics 5y agoI can only assume you're shorting the market right now so you can cash in on the incredibly accurate crystal ball you apparently have in your possession?
- FollowingTheDao 5y agoI don't gamble. I'll come back to this in October to say I told you so. On housing: https://wolfstreet.com/2022/04/27/mortgage-volume-gets-crushed-by-spiking-interest-rates-what-it-means-for-future-home-sales-and-consumer-spending/ https://wolfstreet.com/2022/04/27/mortgage-volume-gets-crush...
- BaseballPhysics 5y agoIf you're absolutely certain there will be a recession or depression in the summer, shorting the market isn't gambling, it's smart investing. You're advising people to sell their homes based on this information you claim to have. If you're not willing to trade on this claim, why should anyone else?
- FollowingTheDao 5y agoConsider that tip free. If you want to know why you can always pay me.
- beej71 5y agoWhat Baseballphysics is saying here is that you can often value a prediction by how much money the prognosticator is putting on the line.
- FollowingTheDao 5y agoYou need money in the first place to do that. Can a guy just be kind? More news you can use! https://www.detroitnews.com/story/business/2022/04/25/rocket-mortgage-trim-workforce-home-loan-market-shrinks/7445270001/ https://www.detroitnews.com/story/business/2022/04/25/rocket...