@Jesse_Livermore@phl43 Not a great comparison because there would have been more significant ramifications from Nazi Germany and Japan dominating two hemispheres than Iran merely having the right to exist
@gbrew24 So despite their intractable tactical positions of their militaries, neither of the political elites has a way they can back out and the beatings will continue until morale improves.
@gbrew24 On the other side the GOP isn’t running on dinner table issues, they’re running on winning culture wars. Legitimacy comes from the demonstration of the ability to exclude - in one case from foreign enemies and in the other domestic enemies and illegal migrants.
@danielfoch@JohnPasalis@KoryBobrow Record completions in the trailing 12 months or YoY?
Point is the change in price came results from on the demand side, but supply to market in 2024-25 seemed to have shifted equilibrium
@danielfoch@JohnPasalis@KoryBobrow The number of condos being built is falling is it not? Prices have been going down as completions trend down across the board
@LJKawa Imo probably more of this to come. Harder to keep trillion dollar valuations afloat when flows are chasing faster earnings and stock price growth.
@drjoemoore@conorsen When you consider the cost of teaching a biological agent a kilobyte of data versus an artificial one education is not a particularly great use of public dollars
@observer2_9@kbessey@JohnPasalis Currency won’t drop unless the Chinese want it to. They recycle their surplus back into Canadian dollars to keep their trade advantage. It can’t go forever, but forever is a long time
@kbessey@observer2_9@JohnPasalis They’re going to keep writing the cheques until it works or they run out of money and you know it.
https://t.co/FqSobI2niI
I anticipate we’ll see more numbers like these in the coming weeks.
No way developers are selling at a deep enough discount to make these purchases make sense.