CT

Finance Guy. Outdoorsman

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@barneyxbt I have seen everything drop dramatically in price. Houses, travel, cars etc. Unfortunately, this also creates much higher unemployment and liquidity dries up so it's still hard to buy things for many. Normal market cycles are important, but prices falling creates larger issues.

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@aljo_clark @pennyelizabeths I will not argue that...absolutely no one should go broke due to illness. We pay too much for pharma, private insurance (no employer) is expensive etc. I just think it gets overblown and the average person has high access/ low cost healthcare relative to govt sponsored healthcare

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@aljo_clark @pennyelizabeths Take a look at preventable deaths per year in Europe and how access and untimely care impact that number. No large country has everything figured out. It is incredibly easy to access insurance and healthcare in US, but a long shot from perfect

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@kbhart253 @EndWokeness Yes, a southern first name (cant remember) and country store behind it sounds exactly like the Indian gas stations one would expect.

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@ChrisMartzWX They mistake empathy with pity. Empathy is underaranding how people feel on all sides of an issue and coming to a solution that is reasonable for both parties. Pity is looking at someone as less than and defending them whether or not they infringe on another. Big difference

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@SianBailey65983 @Average_Jonas The average UK household is around a 30% effective rate. The median US household earns 83k and the effective rate will fall between 10-13%. Do the math. Nothing is free. Just a question if you want to have choices or have someone take care of it for you

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@RoKhanna @BernieSanders We have gone from 11 tril in debt to 39 trillion in debt in less than 20 years. If we just had a little more money, we would do the right thing. Laughable. If our government took 100% of Elon's wealth it would not change a thing

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@ChrisMartzWX Not to mention Bob needs heat, electricity and gas for his car. All things that require infrastructure. Heck, maybe Bob needs a job and a state may offer a company like Shell some tax advantages to bring thise jobs to Bob's state. No corp is getting money because we like them

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@BillAckman @realDonaldTrump @SecScottBessent @pulte Do you think those lenders that have 3% mortgages would allow portability if someone added 50 bps moving forward? That would get people out and actively, but doubt lenders would line up for that. Sort of the opposite issue on the other side

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@BillAckman @realDonaldTrump @SecScottBessent @pulte Interesting idea, but only attractive to buyers when rates are low and lenders when rates are high. You could give me 3% over as many years as you want, but 50 bps off today's rates with no prepayment is not all that attractive and even worse at higher rates

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@AndySwan Yep! Honestly, never thought that way when they were younger, but I want a compound at this point lol. Give me some land, space for the larger family and a few toys...good to go

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@ChrisMartzWX States must have tax revenue and land tax would shift to income/sales tax. This shifts the burden from those with assets to those without
Low carry costs brings supply down and prices up
I could be convinced to drop primary res tax while raising tax on 2+ homes

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@AJA_Cortes Parents don't typically do this out of greed. Some sincerely believe they may negatively impact their kids life by giving them easy money. That said, I believe it is much worse to leave them a bundle of money when they die and their kid does not need it like they did raising kids

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@EddyElfenbein The sandwiches is what had me shaken

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@FischerKing64 I can receive almost anything I want in 1-2 days. I can connect with people around the world from my pocket. Advances in medicines are extraordinary. World poverty rates are lower than they have ever been. Capitalism and innovation are alive and well.

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@bowtiedgerman Built a home gym when I had kids. There is no doubt I owe my consistency over the years to the home gym. I like in gym for people who are newer to fitness and those who need some type of specialized training. Home gym is a hack as you get older to stay in shape with minimal time

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@unusual_whales Its like the goal is to destroy everything built in as fast a period as possible. For goodness sakes, there is no free money

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@cremieuxrecueil This would not work for emergency care. However, it would drive competition and incentivize people to consider care cost like any other expense in their life. Over time it would make insurance cost more manageable and likely drives overall care cost down

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@cremieuxrecueil This is by far one of the largest things missing in Healthcare. Next step to lower cost would be insurers determining an average cost of X care and covering a specific amount. The insured could use someone cheaper and benefit from the excess, use someone at cost or pay difference