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Thread: HOUSE VALUES will DECLINE NEXT as house sales PLUMMET!

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    Quote Originally Posted by PoliTalker View Post
    Hello cawacko,



    We should have taxed the rich much more. It would have put us in a far better position to be able to deal with this. Now we are going to have to eat a lot more debt. That means we have no choice but to tax the rich more going forward.
    Horse mierda.

    “The key metric here is called the Gini coefficient. A 0.00 score represents perfect income equality; neither rich nor poor exist, since everyone has identical incomes. A 1.00 Gini coefficient represents perfect income inequality: The rich earn all the money, and nobody else makes a penny.

    Under President Trump, America’s Gini coefficient ticked up, according to the latest data, from 0.48 in 2017 to 0.49 in 2018.

    But the Gini did not stay in its bottle under Obama. During his presidency, Gini also edged higher — from 0.47 to 0.48, in 2011. It then stalled, past Obama’s departure. So, despite his blather about income gaps, the “evil” 1 percent, and his “You didn’t build that!” gut punch to America’s entrepreneurial class, Obama did absolutely nothing to reduce income inequality.”
    national review.com

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    Quote Originally Posted by Centerleftfl View Post
    [SIZE=3]It's very simple, when people can't sell their houses because people stop BUYING, HOUSE VALUES DROP. I posted this over a month ago. This one scares the shit out of ME. So 25% lost on 401ks and now our houses?

    You're doing a heckuva job DONNY!]
    People will be unable to make payments, mail in their keys to the bank and strip the pipes for salvage. Thank Trump.

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    Yes, the Chinese are to blame for the Chinese virus that they failed to contain, lied about its source and refused to accept help from the American health professionals.

    Our economy has been damaged by the Chinese.

    Of course the left (PoliTalker) will continue to cheer the economic loss to millions of Americans and their families caused by the Chinese virus.

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    Quote Originally Posted by cawacko View Post
    You want to force millions of people to be holed up together for weeks and not allow alcohol? That’s a recipe for disaster
    Drunks of the world unite!

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    Soon there will be no sector to safely place assets. Then the proletariat rushes the tudor estates with pitchforks. Thanks Trump.

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    Yes, the Chinese are to blame for the Chinese virus that they failed to contain, lied about its source and refused to accept help from the American health professionals.

    Our economy has been damaged by the Chinese.

    Of course the left (PoliTalker) will continue to cheer the economic loss to millions of Americans and their families caused by the Chinese virus.

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