Housing Bubble is bursting

Walt said:
I am 51, which is very old in tech. In finance, it is not very old at all. I want to get out of finance, and move back towards tech.

My parents both got PHD's and very much wished I had gotten one too. I still might. My field is very hot.

All I have to do is find someone to replace me:thinking:
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Doctorates are flair for rich people and you know it.
 
goat said:
Without the fiat dollar the US couldn't afford the 8, 9 or 10 wars it has going on all over the world. Provoking a war with Russia, China and Iran is an act of desperation equal to the fall of Rome.

The real world proves you are wrong about almost everything.
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We basically have zero wars. Other people have wars.

Without a fiat dollar we could not afford as much, so we should keep the fiat dollar. Remember, we are Americans and want America to be prosperous.
 
Walt said:
I am 51, which is very old in tech. In finance, it is not very old at all. I want to get out of finance, and move back towards tech.

My parents both got PHD's and very much wished I had gotten one too. I still might. My field is very hot.

All I have to do is find someone to replace me:thinking:
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Found your replacement...

hamster-wheel-24.gif



...and he works cheap.
 
Celticguy said:
Due to Fed rate rising of course, had to happen eventually. Those 2-3% rates are nudging up to 4-5% already and will climb from there till market prices "correct".

So...

If you were thinking about selling, DO IT RIGHT F*CKING NOW. Then RENT till the market bottoms out, you will need tp as borrowing rates are going to drive that monthly payment up so you need to get the prices low to easy that bite.

If you were thinking about buying, WAIT till the market bottoms out.

But you may want to hold off doing anything to see if you need to relocate for employment due to the recession (or worse).

The Piper was going to have to be paid eventually. Welcome to eventually.
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Well go find some housing in hell. I am sure it's quite affordable and welcoming there. The U.S. has no liability on a clump of basket cases who are too parasitical to earn those beneficial credits that the working class paid into the system to earn their way in America.
 
goat said:
Say goodbye to the petrodollar.
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I do not see an obvious replacement. No one is going to try to amass Rubles and use them. Yuan is a bit better, but not much. The Euro could work, but it is not that different from the Dollar.
 
Walt said:
I do not see an obvious replacement. No one is going to try to amass Rubles and use them. Yuan is a bit better, but not much. The Euro could work, but it is not that different from the Dollar.
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The only people hurt by the loss of the petrodollar is the fed. I couldn't give a shit about it.
 
Walt said:
We basically have zero wars. Other people have wars.

Without a fiat dollar we could not afford as much, so we should keep the fiat dollar. Remember, we are Americans and want America to be prosperous.
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What happened to you, Walt? We have proxy wars going all over the globe.
 
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