TFB. If these dopes can’t run a clean business without riping people off, they deserve to go out of business. If we ran our computer repair business like these guys did, we’d have been run out of town on a rail many years ago.
Granted, people are stupid, but there is no way in HELL that the government should bail out these idiots. The Lenders OR the Customers.
Let the Free Market do it’s thing, and those of us with ready cash to buy a McMansion for a song can do so right now. (I have NO desire to own a home bigger than the one I have now.)
Plenty of my relatives made a killing in real estate when the market crashed in the 1930’s, and in the years to follow they rolled those homes and land purchases into bigger and better things for we future generations.
Cash is King, Baby. Always has been, always will be. :)
Cash is King, Baby. Always has been, always will be. :)
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Negative , in a high inflation environment cash is trash ,, much better to have assetts.
I believe we have been in a high inflation environment for the last few years , the gov’t stats don’t match my personal experiences AT ALL , the intentional inflating of the money supply and lowering of rates makes cash a bad thing ... not wealth mind you ,,, but cash itself ,,, buy something that will ride out inflation and wait for the right time ...