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Posted on 12/17/15 at 5:47 pm to sullivanct19a
It's a lot of people's fault
Posted on 12/17/15 at 5:58 pm to Stonehog
quote:
Definitely in 2016. It's setting up just like 2008.
Very doubtful, but it will happen, projections are more like 2020
Posted on 12/17/15 at 7:07 pm to Stonehog
I liquidated most of my assets last year and invested in post-apocalyptic commodities: whisky, tobacco and gunpowder.
oh, and porno mags, the paper kind. In a world without Internet, I'll be a rich bitch.
oh, and porno mags, the paper kind. In a world without Internet, I'll be a rich bitch.
Posted on 12/17/15 at 7:15 pm to five_fivesix
Bring it on. I've got plenty of fish and game around.
Posted on 12/17/15 at 7:18 pm to RogerTheShrubber
barter, the old school economy
Posted on 12/17/15 at 7:19 pm to five_fivesix
Hoarding just means you're storing up for the other fellas who can steal it.
S.E. is fish and game heaven.
S.E. is fish and game heaven.
Posted on 12/17/15 at 7:21 pm to RogerTheShrubber
Y'all ain't got enough moose.
Trespassers will be shot, cleaned, packaged and traded for shite.
Trespassers will be shot, cleaned, packaged and traded for shite.
This post was edited on 12/17/15 at 7:26 pm
Posted on 12/17/15 at 7:25 pm to Stonehog
Stonehog predicts market crash.
The time to buy is now!
The time to buy is now!
Posted on 12/17/15 at 7:30 pm to five_fivesix
quote:
Y'all ain't got enough moose.
Lots of deer and goat. I could learn to like bear if I had to.
There are moose. Just gotta know where to look for them.
Posted on 12/17/15 at 7:37 pm to The Spleen
Oil is nasty at the moment, but why would low oil prices cause a crash? I figured it'd be great for the economy.
Posted on 12/17/15 at 8:50 pm to Pavoloco83
quote:
Millenials are just kids still. Nobody at that age has any fricking money.
Millenials range from 18-34.
Posted on 12/17/15 at 10:33 pm to Stonehog
I've had mine: I lost $150K in the stock market a couple months ago. I put the rest of my money, about $600K, in a money market fund, about as conservative as you can get. I'm thinking about giving all of it away, money has been a lifelong misfortune (no pun intended) for me.
Posted on 12/17/15 at 11:35 pm to Mars duMorgue
I know a guy you could give it to.
Posted on 12/17/15 at 11:50 pm to SECdragonmaster
quote:
Upside down Auto loans.
I learned recently that some places are offering 84 months to people with decent credit. Folks got to have them 70k Tahoes
Posted on 12/18/15 at 8:14 am to Stonehog
Mrs. Tantal and I both have skills that will help us ride out an most any storm, even if it means pay cuts for both of us. We have no debt other than a mortgage.....and even then we only owe about 40% of what the house is currently worth. I'm also heavily invested in physical silver, gold, lead, and keep about $30K in liquid cash on hand for emergencies. I hope we don't have another crash, but we're in a better position than most to ride it out.
This post was edited on 12/18/15 at 11:35 am
Posted on 12/18/15 at 1:49 pm to deltaland
quote:
It absolutely will considering the Obama admin just launched the "HomeReady" program which will give out subprime mortgage loans to families of low income backed by Fannie Mae, requiring only a 3% down payment and they can use any family member's income to get the loan...but that family member doesn't have to put their name on the loan or be responsible for its repayment. They just have to sign a paper saying they "intend" to live in the home for at least 12 months. It's the same BS that caused the 08 housing bubble. Student loan debt is a huge bubble waiting to pop also.
So are they going to be required to pay PMI like I would have to if I were to put a mere 19% payment down on a home? Or is that covered by Obama too?
Posted on 12/18/15 at 1:55 pm to Pbhog
quote:
I'm a millennial and I can testify that my generation has a spending problem. Not me but most of the people my age that I know
Yes, but consumer spending is what drives the economy.
People like me who save, save, save are the problem.
Posted on 12/18/15 at 2:31 pm to BrerTiger
Quit fricking shite up and go by a jet ski
Posted on 12/19/15 at 7:22 am to Sneaky__Sally
I have about 2500 in the bank. No 401k. No other accounts. 12k in credit card debt. How fricked am I?
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