Jason Posted October 29, 2019 Share Posted October 29, 2019 Quote Link to comment Share on other sites More sharing options...
Guest Posted October 29, 2019 Share Posted October 29, 2019 Turns out when there is no punishment for ruining the domestic or global economy, people will do the exact same things again. And they will get away with it again. Quote Link to comment Share on other sites More sharing options...
Commodore D Posted October 29, 2019 Share Posted October 29, 2019 5 minutes ago, Jason said: Good for picking up rental properties. Sure it will have a high interest rate, but if you pick up something you pay back in a year, go for it. Quote Link to comment Share on other sites More sharing options...
Kal-El814 Posted October 29, 2019 Share Posted October 29, 2019 The people behind this should be used to test the effects of poisons. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted October 29, 2019 Share Posted October 29, 2019 Tbh this isn't a big deal as long as the risk is actually being properly costed in mortgage insurance and on the bonds or whatever downstream. Plus people aren't buying homes at a scale that matches 10-15 years ago, expecting the value to skyrocket because of reasons, then selling the home off restarting the cycle Quote Link to comment Share on other sites More sharing options...
Guest Posted October 29, 2019 Share Posted October 29, 2019 11 minutes ago, b_m_b_m_b_m said: Tbh this isn't a big deal as long as the risk is actually being properly costed in mortgage insurance and on the bonds or whatever downstream. Plus people aren't buying homes at a scale that matches 10-15 years ago, expecting the value to skyrocket because of reasons, then selling the home off restarting the cycle What gives you confidence things are being priced correctly this time? Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted October 30, 2019 Share Posted October 30, 2019 4 hours ago, sblfilms said: What gives you confidence things are being priced correctly this time? Well in theory Quote Link to comment Share on other sites More sharing options...
Joe Posted October 30, 2019 Share Posted October 30, 2019 4 hours ago, b_m_b_m_b_m said: Tbh this isn't a big deal as long as the risk is actually being properly costed in mortgage insurance and on the bonds or whatever downstream. Plus people aren't buying homes at a scale that matches 10-15 years ago, expecting the value to skyrocket because of reasons, then selling the home off restarting the cycle Also weren't the derivatives the real reason for the crash? Quote Link to comment Share on other sites More sharing options...
osxmatt Posted October 30, 2019 Share Posted October 30, 2019 2 Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted October 30, 2019 Share Posted October 30, 2019 Maybe Trump was hit by a time-traveling cosmic ray to the brain, and his apparently demented tweets are actually predictions of the future, he just gets the details mixed up. 1 Quote Link to comment Share on other sites More sharing options...
Jason Posted October 30, 2019 Author Share Posted October 30, 2019 2 minutes ago, CitizenVectron said: Maybe Trump was hit by a time-traveling cosmic ray to the brain, and his apparently demented tweets are actually predictions of the future, he just gets the details mixed up. Nostradotardus 2 Quote Link to comment Share on other sites More sharing options...
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