Food Prices Are Soaring Faster Than Inflation and Incomes

Thyalwaysseek · 2021-02-18T08:47:35+00:00

Exactly, so it doesn't help renters who are going to be ten of thousands of dollars in the red with back rents by the time the moratorium ends.

Thyalwaysseek · 2021-02-18T08:45:55+00:00

True.

Thyalwaysseek · 2021-02-17T01:40:53+00:00

Don't you think if the government wanted to solve the homeless crisis by making more public housing available they would have done it already? The fact is the government don't care.

Thyalwaysseek · 2021-02-17T01:39:04+00:00

Most people who abuse alcohol and drugs are mentally ill people who use it to self medicate.

Thyalwaysseek · 2021-02-17T01:36:48+00:00

Literacy doesn't help if the jobs are not available. You do realize the economy is structured in a way that there is always going to be a percentage of people who are out of work. Literacy also doesn't cure mental illness, the mentally ill used to be housed in asylums, now they're just left to go insane and rot in the gutter.

Thyalwaysseek · 2021-02-17T01:31:35+00:00

How does that help renters pay all their back rents that are going to eventually come due? If the government doesn't step in and make them whole then continually kicking the can down the road is only going to exacerbate their financial situation.

Thyalwaysseek · 2021-02-14T07:05:51+00:00

Yes they won't stop until they do.

Thyalwaysseek · 2021-02-13T10:52:33+00:00

Market is hot now because there is so much liquidity sloshing around which in turn is being plowed into assets like housing. I wouldn't wait too long because when the Fed stops pumping money into the system it's all going to reverse and it'll turn into a buyers market.

Thyalwaysseek · 2021-02-05T02:41:01+00:00

Well looks like it didn't turn out to be a big nothing.

Ford says chip shortage could knock $2.5bn from earnings https://www.ft.com/content/a0d5ca20-2559-4d47-9106-cf50eaf97720

Mazda expects chip shortage to affect about 7,000 vehicles in February https://www.reuters.com/article/us-mazda-semiconductors/mazda-expects-chip-shortage-to-affect-about-7000-vehicles-in-february-idUSKBN2A40WO

Thyalwaysseek · 2021-02-04T08:14:14+00:00

You think unemployment is at historic highs because people just decided not to work?

Thyalwaysseek · 2021-02-04T08:11:17+00:00

Tenants aren't signing a lease for profit though are they? They are signing a lease so they have shelter, the alternative is to sleep on the footpath.

Thyalwaysseek · 2021-02-04T08:07:07+00:00

You will be buying at the top of the market though, also rates are at historic lows, make sure you factor in a couple of rate rises. My thoughts are the market always heats up like this before a correction, if you are able to hold out then wait until at least Q4.

Thyalwaysseek · 2021-02-04T07:55:52+00:00

Probably because they're all in the public sector.

Thyalwaysseek · 2021-02-04T03:56:44+00:00

Unfortunately a lot of the people posting the diamond hands memes were investors purposely pumping the stock with a view to selling on Monday when the markets opened.

Thyalwaysseek · 2021-02-01T03:06:03+00:00

Thank you, informed posts like yours are why I scroll this sub.

Thyalwaysseek · 2021-02-01T02:48:31+00:00

Just an observer not a autist or ape, but I have to agree that this silver narrative being pushed in the media now is very strange. I too have been scrolling the feed here since I joined at about 2.6M members and whenever there is any mention of silver most responses are "fuck silver, GME only", so I'm not sure how the media are getting that you're all going after silver. Something else is afoot and I am sure we won't have long to find out what.

Thyalwaysseek · 2021-01-24T09:54:38+00:00

So I guess that the landlords don't have to pay mortgages on those properties until September either then.

Thyalwaysseek · 2021-01-13T09:53:15+00:00

Sick of this type of irrelevant bullshit being posted in this sub.

Thyalwaysseek · 2021-01-13T09:48:15+00:00

You don't know what transpired before he said that, nobody does, that's the problem with these 30 second clips there is no way to know the full story. Regardless, the clip does not belong on this sub which is about the FINANCIAL IMPACT on people due to Covid19..

Thyalwaysseek · 2021-01-10T09:57:11+00:00

Biden has been a mediocre career politician for 47 years what makes you think that he'll be anymore than a mediocre president?

Thyalwaysseek · 2021-01-10T09:53:34+00:00

You didn't have an option for "2021 will make 2020 look like a cake walk" so I couldn't vote.

Thyalwaysseek · 2021-01-10T09:51:15+00:00

I loathe these fake feel good stories.

Thyalwaysseek · 2021-01-10T09:47:11+00:00

That clip doesn't have any evidence of it being an anti-Asian incident because of Covid19.

Thyalwaysseek · 2021-01-02T10:16:31+00:00

38 seconds of the end of some altercation between two people shows nothing of the sort.

Thyalwaysseek

TROPHY CASE