Anonymous wrote:

Anonymous wrote:They are going to allow people to collateralize real estate with crypto. If that doesn’t cause a spiraling crash when the tide goes out even a little I don’t know what will.

Wasn't it Trump who said that that when real estate crashed it was a good thing because he could buy up lots of really cheap property? HELLO.....

And today he went on about the slums in DC, being a Landlord/real estate guru, and how beautiful DC would be…

He’s got his eyes on DC properties ….

Anonymous wrote:

Anonymous wrote:The opposite is true.

Calvin Coolidge's economic policies were:

High tariffs
Low/Negative immigration
Low taxes on wealthy/corporations

Wealthy and corporations got very wealthy, rest of the US got too poor to afford the goods that the government was producing, leading to the Great Depression.

Oh, you mean the guy who became president before the television or the FDIC existed? Yes, I’m sure his presidency has lots of predictive power in assessing what will happen over the next four years.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Over the past six months, the dollar has declined more than 10% compared with a basket of currencies from the U.S.’ major trading partners — something it has not done since 1973.

Trump is purposely burning us to the ground and it will be horrifying.

Trump is a real estate guy from Queens in mafia-ridden 1980s New York. That's all he intuitively understands. Tariffs are like tribute from his perspective. And the decline of the dollar works for him. It forces people into assets - like real estate.

Everything is grossly inflated right now, especially stocks, but also residential and commercial real estate. But the TACO trade can go forever. I was on top of things in 2008. Sold everything, including real estate and stocks at the end of 2007, and did well. But for the life of me, I cannot figure out what the catalyst is going to be for the invariable crash and correction at this moment in time. Everything is humming along. I am not seeing it with dark money. Not seeing it in real estate. Not seeing it in bad loans. Everything seems... fine. Though everything is inflated. But I can't find a catalyst that brings the deluge. Whereas in 2007 it was pretty clear what was going to happen.

Banks are going to get into the business of handling crypto in the next few months. There will likely be at some point a failure of a stablecoin or major crypto platform. Banks that are holding crypto will see a sudden devaluation of those assets, which will cause deposit runs. Banks that have allowed customers to do leveraged lending with crypto collateral will suddenly find themselves holding collateral that has lost much value and the borrower won’t be able to repay.

In short, a combination of deposit runs and credit losses will trigger another banking crisis.

I think crypto is nuts and it's all a speculative trade. But I don't think the Fed allows the major banks to get over-leveraged in this. It's not like CDOs in 2008, which were clearly a systemic risk. I'm not seeing what might compel a crash. Tariffs and trade are a slow burn. Economies will adjust. And banks are in pretty good shape today. I am inclined toward the dark side - but I am not able to see a trigger for a crash or a major correction.

Economies can't handle the level of job loss and stagnation happening right now. A whole lot of people just suddenly aren't going to have any money to buy and businesses will start failing.

Anonymous wrote:Over the past six months, the dollar has declined more than 10% compared with a basket of currencies from the U.S.’ major trading partners — something it has not done since 1973.

Trump is purposely burning us to the ground and it will be horrifying.

And how much does his admin and his family have invested in crypto? Not to mention hes trying to add it to 401k trading options.
Employers are required by law to offer retirement options that are in the best interest of their employees, not Wall Street. Most retirement plans for Americans are made up of stock and bond investments, and to a much lesser extent, cash and heavily traded commodities such as gold.

Trump’s move rewards both the $5 trillion private equity industry, which for decades has wanted to compete for a role in retirement plans, and the cryptocurrency industry, whose executives strongly supported Trump’s 2024 campaign as they aimed for more mainstream acceptance among Americans.

ITS ALWAYS ABOUT WHAT MAKES HIM AND HIS SUPPORTERS MONEY. There is no other reason or long-term plan or genius thought process.

Anonymous wrote:Tariffs are the reason we will have a depression
Don’t be a fool he’s planned this all along
The goal has always been to burn the US to the ground economically and the. His sycophants will buy everything back Pennie’s on the dollar

Yep

Anonymous wrote:

Anonymous wrote:A Great Depression is coming. You are living in the roaring 20's. Warren Harding (and then Calvin Coolidge) were presidents from 1921 - 1923 and then Coolidge from 1923 - 1929. Their policies included:

1. High Tariffs
2. Low taxes (they even gave tax money back to the wealthy)
3. Low/reverse immigration
4. Low government spending - they even had their own DOGE known as the Bureau of the Budget.

It led to the Great Depression. It turns out vacuuming up money from the majority of people, making goods too expensive for people to buy and turning off government spending is extremely bad for the economy. Why the GOP wants to try these exact same policies again is beyond me.

We have a lot of checks in place now that weren't there now -- because of the Great Depression. This is why we need to stop Trump from taking all the guard rails off.

HELLO GOP -- get this scum bag Trump out of office. Use the EPSTEIN FILES if you need a reason so you will look really good to your constituents. Do it.

This is how they justify the same policies - oh, it will be different this time. Look at the Heritage Foundation. They worship Calvin Coolidge. They think the Great Depression just happened and it was government intervention that made it worse. Apparently, all of the exact same policies that we had in the 1920s had nothing to do with the stock market crashing.

We have a perfect storm for a major crash. First, money hoarders (Corporations, Nonprofit hospitals, universities, billionaires) are all sitting on big sums of cash. That means that a lot of money in the economy is not actually circulating or creating value. It's just sitting there, like a big drag on the economy. Second, government spending is typically a money multiplier ($1 spent by the government leads to $2 worth of value). Trump has put the breaks on government spending. A lot will evaporate on Sept 30. Third, we already have near record economic inequality - the rich 1 percent are richer than the bottom 99 percent by a vast amount. And then the top 20 percent are still much, much wealthier than the bottom 80 percent - who are getting poorer or whose income is stagnant. Therefore, the economy is literally grounding to a halt. People who have no money, spend little. The little they spend gets hoovered up to a billionaire or wealthy corporation, who doesn't spend it. Less money circulates, less people spend ... until ... Great Depression.

Crypto is crazy because people can just mine more undermining its value.

Anonymous wrote:They are going to allow people to collateralize real estate with crypto. If that doesn’t cause a spiraling crash when the tide goes out even a little I don’t know what will.

Wasn't it Trump who said that that when real estate crashed it was a good thing because he could buy up lots of really cheap property? HELLO.....

They are going to allow people to collateralize real estate with crypto. If that doesn’t cause a spiraling crash when the tide goes out even a little I don’t know what will.

After tarriff negotiations the representaive from Japan said Trump ("the other side") was "not normal." Hello, the world can see it. Get this guy out of office, somehow, some way. How much porn do they have on Congress anyway?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Over the past six months, the dollar has declined more than 10% compared with a basket of currencies from the U.S.’ major trading partners — something it has not done since 1973.

Trump is purposely burning us to the ground and it will be horrifying.

Trump is a real estate guy from Queens in mafia-ridden 1980s New York. That's all he intuitively understands. Tariffs are like tribute from his perspective. And the decline of the dollar works for him. It forces people into assets - like real estate.

Everything is grossly inflated right now, especially stocks, but also residential and commercial real estate. But the TACO trade can go forever. I was on top of things in 2008. Sold everything, including real estate and stocks at the end of 2007, and did well. But for the life of me, I cannot figure out what the catalyst is going to be for the invariable crash and correction at this moment in time. Everything is humming along. I am not seeing it with dark money. Not seeing it in real estate. Not seeing it in bad loans. Everything seems... fine. Though everything is inflated. But I can't find a catalyst that brings the deluge. Whereas in 2007 it was pretty clear what was going to happen.

Banks are going to get into the business of handling crypto in the next few months. There will likely be at some point a failure of a stablecoin or major crypto platform. Banks that are holding crypto will see a sudden devaluation of those assets, which will cause deposit runs. Banks that have allowed customers to do leveraged lending with crypto collateral will suddenly find themselves holding collateral that has lost much value and the borrower won’t be able to repay.

In short, a combination of deposit runs and credit losses will trigger another banking crisis.

I think crypto is nuts and it's all a speculative trade. But I don't think the Fed allows the major banks to get over-leveraged in this. It's not like CDOs in 2008, which were clearly a systemic risk. I'm not seeing what might compel a crash. Tariffs and trade are a slow burn. Economies will adjust. And banks are in pretty good shape today. I am inclined toward the dark side - but I am not able to see a trigger for a crash or a major correction.

^
Unless Trump fires Powell and installs his sycophants at the Fed. Then it's immediate collapse and financial Armageddon.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Over the past six months, the dollar has declined more than 10% compared with a basket of currencies from the U.S.’ major trading partners — something it has not done since 1973.

Trump is purposely burning us to the ground and it will be horrifying.

Trump is a real estate guy from Queens in mafia-ridden 1980s New York. That's all he intuitively understands. Tariffs are like tribute from his perspective. And the decline of the dollar works for him. It forces people into assets - like real estate.

Everything is grossly inflated right now, especially stocks, but also residential and commercial real estate. But the TACO trade can go forever. I was on top of things in 2008. Sold everything, including real estate and stocks at the end of 2007, and did well. But for the life of me, I cannot figure out what the catalyst is going to be for the invariable crash and correction at this moment in time. Everything is humming along. I am not seeing it with dark money. Not seeing it in real estate. Not seeing it in bad loans. Everything seems... fine. Though everything is inflated. But I can't find a catalyst that brings the deluge. Whereas in 2007 it was pretty clear what was going to happen.

Banks are going to get into the business of handling crypto in the next few months. There will likely be at some point a failure of a stablecoin or major crypto platform. Banks that are holding crypto will see a sudden devaluation of those assets, which will cause deposit runs. Banks that have allowed customers to do leveraged lending with crypto collateral will suddenly find themselves holding collateral that has lost much value and the borrower won’t be able to repay.

In short, a combination of deposit runs and credit losses will trigger another banking crisis.

I think crypto is nuts and it's all a speculative trade. But I don't think the Fed allows the major banks to get over-leveraged in this. It's not like CDOs in 2008, which were clearly a systemic risk. I'm not seeing what might compel a crash. Tariffs and trade are a slow burn. Economies will adjust. And banks are in pretty good shape today. I am inclined toward the dark side - but I am not able to see a trigger for a crash or a major correction.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Over the past six months, the dollar has declined more than 10% compared with a basket of currencies from the U.S.’ major trading partners — something it has not done since 1973.

Trump is purposely burning us to the ground and it will be horrifying.

Trump is a real estate guy from Queens in mafia-ridden 1980s New York. That's all he intuitively understands. Tariffs are like tribute from his perspective. And the decline of the dollar works for him. It forces people into assets - like real estate.

Everything is grossly inflated right now, especially stocks, but also residential and commercial real estate. But the TACO trade can go forever. I was on top of things in 2008. Sold everything, including real estate and stocks at the end of 2007, and did well. But for the life of me, I cannot figure out what the catalyst is going to be for the invariable crash and correction at this moment in time. Everything is humming along. I am not seeing it with dark money. Not seeing it in real estate. Not seeing it in bad loans. Everything seems... fine. Though everything is inflated. But I can't find a catalyst that brings the deluge. Whereas in 2007 it was pretty clear what was going to happen.

You are not paying attention.
No the TACO trade is not going to go on "forever". Other countries are finding better partners they don't need us. Brazil has already started this process. Farms are dying and Trump's sycophants are buying them for pennies. Once that is complete only a few companies will own our food. What do you not understand about food shortages?
Unemployment is growing like weeds. Meaning people have no jobs means people by less things.
Inflation is rising.

By the end of the year the crash will occur. Why, because by then we will know that elections are not going to happen in 2026.

Let’s not obey in advance, resist!

Anonymous wrote:I made a killing with his nonsense in April so I need to figure out how to profit off his lunacy again.

Oh ok, so as long as you’re profiting, who cares what happens to the rest of the country!

Anonymous wrote:

Anonymous wrote:Over the past six months, the dollar has declined more than 10% compared with a basket of currencies from the U.S.’ major trading partners — something it has not done since 1973.

Trump is purposely burning us to the ground and it will be horrifying.

Trump is a real estate guy from Queens in mafia-ridden 1980s New York. That's all he intuitively understands. Tariffs are like tribute from his perspective. And the decline of the dollar works for him. It forces people into assets - like real estate.

Everything is grossly inflated right now, especially stocks, but also residential and commercial real estate. But the TACO trade can go forever. I was on top of things in 2008. Sold everything, including real estate and stocks at the end of 2007, and did well. But for the life of me, I cannot figure out what the catalyst is going to be for the invariable crash and correction at this moment in time. Everything is humming along. I am not seeing it with dark money. Not seeing it in real estate. Not seeing it in bad loans. Everything seems... fine. Though everything is inflated. But I can't find a catalyst that brings the deluge. Whereas in 2007 it was pretty clear what was going to happen.

You are not paying attention.
No the TACO trade is not going to go on "forever". Other countries are finding better partners they don't need us. Brazil has already started this process. Farms are dying and Trump's sycophants are buying them for pennies. Once that is complete only a few companies will own our food. What do you not understand about food shortages?
Unemployment is growing like weeds. Meaning people have no jobs means people by less things.
Inflation is rising.

By the end of the year the crash will occur. Why, because by then we will know that elections are not going to happen in 2026.