@DavidDTawil Really?
1978 $7.60/hr
Home $48.7K @ 9.58% rate
Actual income $15.1K vs needed $15.8K
1999 $16.90/hr
Home $133.3K @ 7.33% rate
Actual income $40.7K vs needed $35.2K
2026 $50.20/hr
Home $430K @ 6.5% rate
Actual income $83.7K vs needed $104K
@TXMCtrades Agreed
1978 $7.60/hr
Home $48.7K @ 9.58% rate
Actual income $15.1K vs needed $15.8K
1999 $16.90/hr
Home $133.3K @ 7.33% rate
Actual income $40.7K vs needed $35.2K
2026 $50.20/hr
Home $430K @ 6.5% rate
Actual income $83.7K vs needed $104K
@PeterMallouk 1978 $7.60/hr
Home $48.7K @ 9.58% rate
Actual income $15.1K vs needed $15.8K
1999 $16.90/hr
Home $133.3K @ 7.33% rate
Actual income $40.7K vs needed $35.2K
2026 $50.20/hr
Home $430K @ 6.5% rate
Actual income $83.7K vs needed $104K
@clbradfish Please tell me where this unicorn carrier is for $300 annually and one that would provide an umbrella policy with auto coverage that low. They typically require 250/500 and if you have a teen driver higher limits required and around $1500 for your first million.
@BillAckman Agreed, I haven’t seen one interview where he was asked “how do you believe this will happen?” or “what have you specifically seen on how this might happen to all of humanity?” Shouldn’t those be some of the first questions?
@JamesGRickards all this talk about gold & silver on X, if only everyone read your books The Death of Money (2011) and The New Case for Gold (2016). You outlined all of this already a decade ago.
@PeterSchiff yield is 60% of the 94’ level, even though debt to revenue is more than 2x, the gov is borrowing at a much lower rate than it did in 94’. If ballooning debt were about to trigger a crisis, shouldn’t we see the bond market pricing that in with higher yields for riskier debt?
@JasonDBallard Probably before the cost of land, permits, underground utilities, impact fees levied by municipalities and FF&E (which homeless wouldn’t have).
@CryptoMikli Cardone Capital averages 6.53% annualized return. So his daughter’s portfolio is $1.47 million at sixteen to make $8000 pre tax. Which means he gave her $750,000 at age 5 to start investing.
@Will8e1@clashreport Didn’t know they had hypersonic missiles during the Cold War. Maybe, just maybe advancements in technology might make it more relevant
@PaceJordanMorby A write-off is a deduction, not a credit. You’re not getting a $3M refund check from Uncle Sam.
If you SOLD with financing - installment sale, you just defer gains. No fairy dust.
If you BOUGHT - maybe depreciation on improvements only not land, but over years, not instant $3M.
An American buys $250 jeans on a credit card at 29.99% interest.
Makes only the minimum payment each month.
After 4 years and $1,200 paid…
only $100 went to the actual jeans.
Over $1,100 was pure interest.
If she keeps paying minimums, those $250 jeans will end up costing her almost $1,000 and take over 12 years to pay off.
But ya mortgages are rigged
@unusual_whales 96-mo auto loan on a depreciating asset? Fine.
50-yr mortgage on an asset up 143% in 15 yrs / 1,002% in 50 yrs? “Too risky.”
Avg American keeps their mortgage 8–12 yrs.
Why offer anything greater than 15 yrs? If it’s too risky?