@stoolpresidente They have kindergarteners playing travel soccer, the issue isn’t quality if the athlete, it’s the monetization of making it a rich kid sport
@GsxrEconomics@DrDavidKass Issue remains demand has not eased to the point where those shocks subside, it’s just a build up to the reopening which is Covid lite and inflationary. Need something to break for lower long term rates ie private credit meltdown or banks caught sideways on this pivot higher
@GsxrEconomics@DrDavidKass There are several input costs rising in addition to oil (ex chemicals, fertilizers)aside from that if this war ends tomorrow the logistics of kick starting back to pre war traffic and insurance rates will take time. Need something to break as a result of this for rates to drop
@AnnaEconomist Might not be far behind Canada who thought the same and now after a better than expected job print and gdp growth are talking hikes late 26
@TheGreenOldDill Abolish property taxes; as well as Medicare and SS taxes. Young people don’t want to subsidize elderly retirement and healthcare anymore than you wanna pay to help educate their children
@programmaticguy @chasedownleads Exactly, they just received an unexpected amount of cash that they can now lend at a much higher rate than they had on the books