2
Drinkaforte 2 points ago +2 / -0

This. Purk, a lot of pepple i know have been framing the narrative as israel/white/oppressors and South africa/black/revolutionaries... but wasn't it huge Israeli involvement that brought the end of apartheid andnout mandela into power? How do that many people not know the actual history?

4
Drinkaforte 4 points ago +4 / -0

"Mr. Trump and his associates have made focusing on election security a signature point they plan to push in a general election. There has been no evidence of widespread fraud related to the 2020 voting"

Lol what

5
Drinkaforte 5 points ago +5 / -0

Yeah I've seen them at the airport. They all wear those shirts and there's a couple other groups. Always with massive groups of illegals just parading them through the airport.

2
Drinkaforte 2 points ago +3 / -1

Doesn't go far enough. He will probably survive this. Have to have a better plan than this.

1
Drinkaforte 1 point ago +2 / -1

Idk what context you could possibly need here.

-1
Drinkaforte -1 points ago +1 / -2

The remnants of the intentional lighting of something on fire. Remnants of the explosion. Smoldering former building structure. Is that good enough?

1
Drinkaforte 1 point ago +1 / -0

Yeah, seems like it was some kind of munitions.

8
Drinkaforte 8 points ago +9 / -1

The guy inside. The resident. Apparently they were trying to execute a search warrant. I'm not sure anyone I know witnessed it personally but one of my friends sent a picture of the arson from down the street. Complete perimeter set up now and shelter in place.

18
Drinkaforte 18 points ago +18 / -0

A lot of my friends live right there. Shot a flare at the cops as they were approaching and then exploded it. Does not look like a gas leak or something. Definitely intentional.

6
Drinkaforte 6 points ago +6 / -0

Burchett was one of the guys that voted to vacate, so there is a motive.

3
Drinkaforte 3 points ago +3 / -0

What I'm wondering... haven't heard anything from her recently.

1
Drinkaforte 1 point ago +1 / -0

The Amazon pilot was the best. Guy would get nervous and just start pushing buttons lol. Sad people died because of him.

by PepeSee
1
Drinkaforte 1 point ago +1 / -0

I doubt true, but honestly would not surprise me. Would explain a lot actually.

1
Drinkaforte 1 point ago +1 / -0

He definitely does. They have to have appraisals done probably on a quarterly or semi annual basis. It's not a number they just come up with out of thin air.

2
Drinkaforte 2 points ago +2 / -0

This. There are no true comps. He trumps all of them.

1
Drinkaforte 1 point ago +1 / -0

As someone who works in valuation, the improvements alone might be worth $200 million, excluding the land value. The land and income would be supplementary, for me 1b fmv is probably reasonable just based on back of the envelope calculations.

3
Drinkaforte 3 points ago +3 / -0

Yes, would be something like that. Would have to go back though and read the language but I think this is actually allowed for. And your math is probably not that far off. But yes will have to be something like that. Is the only way. The thing is, basically financial theory is based on the risk free rate (treasuries) and this is how all assets are priced. So if the UST were to suffer a massive impact, the flow-through effect would be incredible. You are only talking about USTs... what about the multi trillion dollar corporate bond market? Also implodes. You touched on it kinda in the thought that all govs/large corps have to hold them, but they also issue their own debt, which is also greatly dependent on that treasury rate. Anecdotal, but my first day of my masters my teacher put up a bunch of slides of Russian empire bond notes that were never honored by the bolsheviks. People spent years, and may still even be in litigation today, over unpaid notes from over 100 years ago. So they're not going away. If they can avoid default they will at all costs but somethings going to have to change.

6
Drinkaforte 6 points ago +6 / -0

We've gone bankrupt 3 times and are currently insolvent so its actually a very likely scenario. The most likely. If Trump gets back in, he has talked several times about defaulting. We will have to, eventually, if left on the same course and that's just simple math. Have never heard about obligation to pay us holders as opposed to foreign but in some ways would make sense. But bottom line is, several tranches and a large chunk, maybe the majority, will never get to be repaid. This will crush the bond market. You are right that on the macro scale everyone has to hold USTs, but that is changing. That is the big thing with de-dollarization-- no one has to hold it anymore. So prices will already be trending in that direction. It will have everything to do with people moving away from dollar. Too many dollars for less holders, will skyrocket inflation. For me the big question is how do we right size it? If they do a currency swap and we go to a real dollar, the bonds will still be dollar denominated, just a different dollar and we don't have to default. Imagine the US dollar gaining strength and it costs little, relatively, to retire a large amount of debt, so that's a possibility too.

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