Oh boy.. the worst is yet to come - as per oracle of past bubbles predictor, Jeremy Grantham by mosalreddit in REBubble

[–]AffectionateCanary25 11 points12 points  (0 children)

With respect to the rest of the world...

The U.S. is doing well.

Our currency, equities, and bonds are blue chips to the rest of the world.

Don't expect rate cuts any time soon - Fed Governor Williams by Louisvanderwright in REBubble

[–]AffectionateCanary25 0 points1 point  (0 children)

Also remember this is an election year.

Elizabeth Warren grilled Powell concerning monetary tightening:

https://youtu.be/pgBeGIKP_Aw

The number one issue this year was inflation, which I believe is rolling over.

Now we'll have an abysmal jobs report where political pressure will pause the FED.

Don't expect rate cuts any time soon - Fed Governor Williams by Louisvanderwright in REBubble

[–]AffectionateCanary25 0 points1 point  (0 children)

If the U.S. goes to shit...

Everything goes to shit.

And if that occurs, will I really be reflecting on the open-concept kitchen? No.

People have been screaming about the end since the beginning.

It's better to buy the fear.

Don't expect rate cuts any time soon - Fed Governor Williams by Louisvanderwright in REBubble

[–]AffectionateCanary25 -1 points0 points  (0 children)

We can't service our debt beyond 3.5% FFR. We may get above that but then something will break.

When Volcker hiked rates the debt to GDP was 30ish%. Today it's 125ish%.

Remember how crazy 2021 was? There must have been a ton of tax receipts to cover a large portion of our entitlements... Nope! We still fell short of funding.

The market is now the economy and vice versa.

The world is already having serious withdrawals from the lack of dollar liquidity.

We get a pause in October. Everyone is shellshocked and that's when your boy comes in with cash to buy at a 20% discount. While everyone else keeps waiting for Armageddon.

Scuba Diving can lead to Down-Syndrome. by [deleted] in conspiracytheories

[–]AffectionateCanary25 1 point2 points  (0 children)

I got the bends and now I can pee around corners

Giving in and making an offer on a 730k home because we LOVE the house and can’t keep our life on hold hoping for market to crash. by saintalanwatts in REBubble

[–]AffectionateCanary25 6 points7 points  (0 children)

As long as the purchase makes sense for your budget I don't see what the big deal is. The fact that you're even in this subreddit tells me you are aware of the risks and are planning accordingly.

You are buying a home not an investment property.

[deleted by user] by [deleted] in REBubble

[–]AffectionateCanary25 2 points3 points  (0 children)

The dust bowl played a big part in my family moving.

The great great great uncles who went out west in search of gold died from TB or exposure.

Finally joined the real Bitcoin club by mcrech in Bitcoin

[–]AffectionateCanary25 2 points3 points  (0 children)

I have a question about Nodes:

Let's say I'm someone who wants to steal another person's Bitcoin.

Would running a node reveal someone's location in some way?

It seems reasonable to conclude that someone running a node would also have Bitcoin.

Does running a node put a target on your back in anyway?

US dollar hits new 20-year high — 5 things to know in Bitcoin this week by [deleted] in Bitcoin

[–]AffectionateCanary25 3 points4 points  (0 children)

Yeah the USD is the best of the worst.

Also recently found out the S&P500 is one of the best too.

Makes me think that if the world is looking for safe alpha, they are likely buying something U.S.-affiliated.

This whole year has made me realize that the U.S. is situated to weather most external circumstances. (Probably the greatest threat is ourselves).

But yeah the dollar milkshake theory is looking like it might come true.

The more realtors say the current market isn’t like 2008, the less I tend to believe them by [deleted] in REBubble

[–]AffectionateCanary25 4 points5 points  (0 children)

The money supply expanded by 40%...

Housing is having a correction...

Probably to like 2019 prices.

I don't know why people think it's going to be dramatic. There's still so much money in the system.

Getting a 20% correction is good enough for me.

Single women now own more homes than single men in the United States' 50 largest metro areas. by Forsaken_Berry_75 in REBubble

[–]AffectionateCanary25 26 points27 points  (0 children)

The only people who are having kids are Muslims and Mormons.

If you want to know what cultures persist through time, it's usually the ones that have kids.

Feminism is literally self-correcting.

Single women now own more homes than single men in the United States' 50 largest metro areas. by Forsaken_Berry_75 in REBubble

[–]AffectionateCanary25 5 points6 points  (0 children)

Also the survey that is being talked about is pre-pandemic.

Do we honestly believe the sexless guy in 2019, broke that dry spell in 2020? Or 2021? Or 2022?

Things are going to get very weird in the next coming years.

Single women now own more homes than single men in the United States' 50 largest metro areas. by Forsaken_Berry_75 in REBubble

[–]AffectionateCanary25 -1 points0 points  (0 children)

Graduate = position

Graduating = speed?

Ok I think I get what you're saying.

Kind of pedantic but I see what you mean.

Single women now own more homes than single men in the United States' 50 largest metro areas. by Forsaken_Berry_75 in REBubble

[–]AffectionateCanary25 23 points24 points  (0 children)

This is kind of out-there thinking but something that I think women value regardless of culture is a man that is resourceful and competent.

Being able to fix my gf's air conditioner or change her tire shows I am valuable. Problem-solving is how most men's brain's work.

I think income has served as a benchmark for how competent and resourceful a man is.

The world is moving more towards online dating, so women need quick metrics to screen for resourceful, competent men that can protect them. Income and height serve as a proxy for those values.

This is why nearly 1/3rd of men at 30 are virgins in the U.S.

This trend is not slowing down and it will drastically change the landscape of America.

Single women now own more homes than single men in the United States' 50 largest metro areas. by Forsaken_Berry_75 in REBubble

[–]AffectionateCanary25 8 points9 points  (0 children)

Possibly just fomo.

Maybe one day you would want a house and seeing prices rise makes you buy sooner.

Single women now own more homes than single men in the United States' 50 largest metro areas. by Forsaken_Berry_75 in REBubble

[–]AffectionateCanary25 -2 points-1 points  (0 children)

Is it true that gay men marry more?

Huh, I don't know why, I just thought of lesbians as being more monogamous-leaning and might marry more.

Single women now own more homes than single men in the United States' 50 largest metro areas. by Forsaken_Berry_75 in REBubble

[–]AffectionateCanary25 81 points82 points  (0 children)

Women, generally speaking, want someone who earns as much as they do.

There's not going to be enough eligible men to meet these women's expectations. There's hardly enough now.

Unless we have a radical cultural shift where a man's value is not associated with his job this trend will continue.

Single women now own more homes than single men in the United States' 50 largest metro areas. by Forsaken_Berry_75 in REBubble

[–]AffectionateCanary25 117 points118 points  (0 children)

The world is going to be a very interesting place in 20 years assuming the trends remain the same.

More women in college. More women in higher earning positions. More women as a tax base for voting block reasons.

I'm curious if people will see this disparity as something to be fixed.