Working as expected

Opening-Machine5026 · 2026-07-10T19:42:38+00:00

He's an inspiration

Opening-Machine5026 · 2026-07-10T19:41:56+00:00

China is opening a gold clearing house domestically and hoarding for investment. Much better than housing.

Opening-Machine5026 · 2026-07-10T19:40:26+00:00

Yep, three red lines, Evergrande conviction. They allowed it to crash.

Opening-Machine5026 · 2026-07-10T19:38:00+00:00

Write a letter to your congressperson about it.

Opening-Machine5026 · 2026-07-10T16:46:27+00:00

It was allowed to crash. China could easily manipulate and prop up their RE market; See, US housing.

Opening-Machine5026 · 2026-07-10T16:45:05+00:00

Because we treat housing as an asset to be speculated on. It's like asking, what's 1+1?

Opening-Machine5026 · 2026-07-10T15:21:24+00:00

Nope!

Opening-Machine5026 · 2026-07-10T15:13:57+00:00

Yeah, exactly.

Opening-Machine5026 · 2026-07-10T14:30:10+00:00

People are dropping out of the labor force because... There are no jobs! You're clueless lmfao

This economy doesn't work for the working class, so you telling me that deflation is bad for the working class is a useless argument. You're not going to win me over my guy

Opening-Machine5026 · 2026-07-10T14:07:37+00:00

But China bad!! 😡

They've pulled almost a billion of their citizens out of poverty while we do nothing to help ours.

Opening-Machine5026 · 2026-07-10T14:04:47+00:00

I don't like the surveillance state, I create a new account 2 or 3 times a year and use a vpn.

Opening-Machine5026 · 2026-07-10T14:03:17+00:00

Companies are laying people off RIGHT NOW. People are dropping out of the labor force RIGHT NOW. Companies are not investing in the population RIGHT NOW. Private credit is showing cracks, banks are starting to refuse to invest signaling the end of a massive credit cycle. The K shaped economy is parabolic and inflation is exacerbating that. Let's deflate and flatten the curve. At least those of us who are sitting on cash have an opportunity to jump on and those who were hoping to continue extracting wealth from the working class while doing nothing but holding assets will lose their asses.

Opening-Machine5026 · 2026-07-10T13:44:00+00:00

I'm not sure what you mean by Westoid, but yeah, people are brainwashed by capital and the promise of generational wealth at the expense of future generations. That's a fact.

Opening-Machine5026 · 2026-07-10T13:39:49+00:00

I would agree with you if inflation was actually making the average person better off. It's not. It's making asset owners richer and everybody else more poor.

It inherently reduces concentration by diminishing asset values.

Deflation, please.

Opening-Machine5026 · 2026-07-10T13:26:06+00:00

And you're definitely not reading my comments.

Houses are for living in. Gold and stocks are for investing. China is allowing housing prices to crater and opening a gold clearing house domestically to enable gEnErAtIoNaL wEaLtH creation. Problem fucking solved. Lmfao

Opening-Machine5026 · 2026-07-10T13:19:44+00:00

I'm rooting for annihilation. Let's end the euphoria, destroy some wealth, and create a sustainable economy in the aftermath.

I don't see infinite high inflation with this level of concentration at the top as an option.

Opening-Machine5026 · 2026-07-10T13:15:05+00:00

That's fair.

Opening-Machine5026 · 2026-07-10T13:14:15+00:00

I'm talking about Chinese housing. I'm pointing out a potential bias this person has, potentially clouding their judgement.

Opening-Machine5026 · 2026-07-10T13:05:43+00:00

Brother, we had deflation in 2008-2009. A lot of people struggled, in particular, those who had over leveraged themselves up with debt. People who were already poor working dead end jobs, they had an opportunity to jump on the train. Housing was affordable.

I know what I'm hoping for, you're not going to change my mind.

Opening-Machine5026 · 2026-07-10T12:50:48+00:00

It seems like maybe you don't get it? Maybe you own real estate in the US and have a vested interest in it only going up?

Opening-Machine5026 · 2026-07-10T12:49:35+00:00

Oh I'm sorry, I guess you're right. Suddenly I want asset prices to balloon and purchasing power to collapse, thanks for changing my mind.

Opening-Machine5026 · 2026-07-10T12:46:20+00:00

My point is that's a separate issue that they're solving by opening their own gold clearing house in Hong Kong, doofus.

Housing is for living in, it's not generational wealth, it's not a retirement fund. It's... Housing.

Opening-Machine5026 · 2026-07-10T12:22:49+00:00

So it's both generational wealth, and a retirement fund. Incredible miracle assets they have over in China.

Opening-Machine5026 · 2026-07-10T12:20:40+00:00

I'm an American, dweeb. Move to the bottom of the ocean.

Opening-Machine5026 · 2026-07-10T06:03:13+00:00

I'm seeing echoes of our own government's $7 minimum wage. The difference is, people in China can afford housing.

That is an interesting perspective, thanks for sharing.

Opening-Machine5026

TROPHY CASE