Posted on 08/17/2020 3:34:55 PM PDT by familyop
NYC, Chicago, SF, etc. won’t be recovering tho.
Makes one wonder if they weren’t Babylon The Great collectively.
Imagine what it could’ve done withOUT democrat interference.......
True! We shouldn’t have let the House go in 2018. Let’s push ‘em back, and take every inch of the government that we can get! And remember the judicial appointments! Four more years!
The fedgov rained down trillions from the heavans. That is what this is. But now what? Lowe’s and Home Depot became crowded with people buying for construction projects. OSB sheets wend from $9 to almost $19, and 2x4 studs became scares. But now it’s a ghost town. Looks like the money was spent, and now here we are.
I’m hoping it’s a recovery, but I’m a bit concerned it’s a dead cat bounce. Meanwhile, all those recently devalued dollars have to go somewhere. Enter the stock market, real estate and precious metals. They’re all up. It’s not that any of them are worth more. It is that the dollars seeking them out are worth less.
Big cities are dead. Atlanta Braves saw it coming. So they relocated to Cobb County and invested in a new development.
They are not finished destroying It yet!! They have 2 1/2 months left to destroy it to get Trump out l... they have alotta nasty tricks under their sleeves.
Portland, Seattle and Atlanta aren’t far behind.
Trump is not resting on his laurels. His energy levels, in a man his age, are a sight to see.
The idea that the economy is going to be fine is nonsense.
How’s the service sector doing?
Soon I expect the real estate market to do poorly.
Especially TODAY!
Hey Joe,its the economy stupid.
You just wait til the free chit stops, that’s when the real damage will materialize. It won’t be pretty.
President Trump did promise the change towards more of a production economy and away from being servants for the newly rich from countries like China. President Trump is following through on that promise. With the trade imbalances and balance of payments deficits from foreign trade, we were in a regime of increasing debts.
American first, so change would have happened anyway. Where jobs are increasing the most, the pay will be far better. We will still have a large service sector, but only if the revenues feeding it are more sustainable (manufacturing and other production) than revenues that come from big government spending (government employees, government contractors, other services and the like).
We must produce!
New Career Opportunities Await in Post-Virus Economy
https://www.cincinnati.com/story/opinion/2020/08/01/opinion-new-career-opportunities-await-post-virus-economy/5559235002/
https://findsomethingnew.org/about/
(see the list of supporters along with Walmart, IBM, Home Depot, Apple and others, including The White House pledge to America’s Workers!)
I like President Trump’s plan, and of course I’m voting for him.
But the idea that the shit isn’t going to hit the fan, no matter what, is ridiculous.
Post 6... good analysis.
Soon I expect the real estate market to do poorly.”””
Demand for Lake Tahoe homes/properties is far outpacing the available sellers. San Fran has finally seen some of the light-—
People in New York City are buying up homes elsewhere-—ON THE INTERNET!!! One seller in N Carolina listed his property for sale. Sold off the internet without actual viewing was asking.
MY property is for sale, but I do NOT expect anyone to just look at it on the internet & buy it....no matter how many pictures are there.
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