@RayDalio “My hope is that China’s escalation will not lead to the next US escalation which will lead to the next Chinese escalation which, despite the strong desire of sensible people on both sides to avoid war, would lead to a war. But hope is not a strategy “ @RayDalio
The auto industry collapse has just begun and this would be one of the worst times for you to buy a vehicle.
In a normal market (pre-2020), Auto Loan delinquencies hovered at 2 to 3%.
Today that number is exploding with nearly 1 in every 4 loans in default in Washington DC👇
@nasmadotali I moved back to Calgary from Vancouver :
-bought a 3 bedrooom townhouse for $320K
-past 6 weeks, it’s been sunny almost everyday
-highways are amazing and you can get anywhere quickly
-super friendly people
Cons: urban sprawl, no spring yet
@nasmadotali What do you think will happen to rent prices? More demand for rentals because people can’t buy, or more supply as seller can’t sell and decide to rent out instead?
Watching the economic news out of Russia as sanctions hit, I was reminded of the programmatic statement Putin made 22 years ago on his first day in office. It was called "Russia on the Eve of the Millennium." This is what he promised Russians. A short thread of quotes: 1/7
Ramzan Kadyrov, the leader of Russia’s Chechnya region and an ally of Putin, says Chechen fighters have been deployed in Ukraine.
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