@suspendedbybibi@KronisTamara what i'm hearing is you just like the idea of the government propping up the housing market.. is there a scenario where you think housing should be allowed to operate in a free market?
@SimonDixonTwitt if the opposite had happened, I'm sure you would find a way to fit your narrative lol. It's always going according to plan for the MIC and FIC
@leadlagreport I saw warsh's statement and thought of you. If they hike, they will need to get the long end yields a lot lower.. how? by crashing the markets as you long predicted
So if you are a family that can’t afford your mortgage because of a job loss, you are forced to sell at the current market price
But if you are a developer that built product that no one wanted, you get a taxpayer funded bailout
The stupidity is amazing 🤦♂️
@DudeWhoInvests My thesis is that an individual has finite cognitive energy. "smart" ones burn through it early when it doesn't matter. "mid" people do less cognitively demanding work early and save it for when it actually matters in life. So all the smart people burn out early.
@BujokMr market is going to break as a consequence of the war America started. Israel is the scapegoat and they are okay with it as long as Iran continues to get punished.
@sahil_vi yup. seems like governments all around the world are scared to let markets break. they won't let anything break anywhere.
https://t.co/8PohS5DotG