This is what made you realize Walmart is cancer? It wasn’t the decades of them killing local businesses, pumping Chinese made shit into our country and supporting the export of manufacturing, supporting 3rd world slave labor, underpaying and abusing their workforce, and overall lowering the quality of life in the US? You should have already been boycotting them for the past 30+ years.
He is isn’t the only “parent” that has done this. SkyNews was pushing a piece today where a “dad” was explaining how his dead daughter would now never see her quincenera and literally laughed when he reminisced that she’d bought a dress for it already. The piece also has several shots of adults in a gymnasium looking painfully awkward and doing their best to look sad. It was so fake looking, I was blown away they aired it.
I agree completely about crypto. You can even take it a step further and easily imagine the government confiscating land, ammo, food rations, livestock, and on and on. It’s horrifying to think about. I think it’s all completely plausible and I unfortunately think too many people would let it happen without putting up much of a fight. I’ll start believing in 2A when people start actually exercising it when it matters. Until then I do not at all put it past “authorities” to completely ignore it and confiscate whatever they want when push comes to shove. They already selectively ignore several other of our rights and laws based on political biases.
Your metals are awesome until the government makes it illegal to own them in order to take them from you. No need to scoff at me, it’s literally happened before, see 1933 EO 6102. Hopefully it doesn’t happen again but I wouldn’t bet on that.
I fail to understand the reasoning for putting corn syrup in baby formula. This has to just be because it was the early 60s and back then people believed that shit was somehow good for you. Please do not feed your baby corn syrup lol.
Oh interesting, I don’t think I heard about that. Until last fall I had not purchased anything since early 2018. I was pretty stunned at the prices and how fast everything was selling when I started looking early last year. I’d originally wanted to move state but that proved utterly impossible because there was no way to even look at a property before it went contingent. I’m open to some risk but buying sight unseen is not for me.
Oh man I’m so sorry you’re stuck there, that sucks. I’m in IL so I can relate to some extent. There are some small towns here that still have houses that come up for reasonable prices. In a different part of this thread I also mentioned fixer uppers. If you’re not queasy at the idea of living in something that needs a lot of work and doing most/all of that work yourself you’d be shocked what a bank will sign off on. You’d have to move though I’m sure, I would be surprised if there is anything affordable in NY, fixer or otherwise.
I think that is definitely a byproduct of what they’re doing and certainly something they consider a win but I don’t think it’s actually their main objective right now. I believe wealth preservation during this inflationary period is the immediate objective paired with continued “creation” of “wealth” by driving the real estate market up so that they are not only converting worthless fiat to shelf-stable real estate, they are also pumping up the value of that real estate artificially by manufacturing scarcity. If they manage that and there isn’t a major crash of the housing market, then they will then shift their focus to what you are talking about.
If you live in the house for 2 years and the proceeds from the sale are less than $250k ($500k if you are married filing jointly) then there is no cap gains tax. And the 2 year time requirement only applies if you sold a house prior to your current one. If you were a first time buyer I don’t believe the 2 year thing applies.
This is maybe not for everyone but what here is what I did:
I unloaded my single rental property last summer (covid scared me off landlording forever) with the plan of using the modest proceeds as a downpayment on a new place in the country. Unfortunately the feeding frenzy was already well underway and even with my down payment there was nothing in my price range that wasn’t selling overnight for way above asking. What to do… When I was just about to give up, a serious fixer upper came onto the local market for exactly what I had on hand in cash. Does it need a lot of work? Yes. But that was the only reason I was able to buy it. I’ve chipped away at it the past 6 months to get it to a condition that is livable enough to allow me to vacate my current mortgaged home that is in a CRAZY market. I think I’ll be able to have it on the market by June and hopefully cash in before this bubble pops. Then I can ride out this market nonsense in a place with NO mortgage and I can spend the next couple years fixing whats left to be fixed while I wait for prices to come back to reality. I know doing the fixer upper thing isn’t for everyone but if you have time and some handyman skills and a little bit of cash saved up you may want to consider that route.
Like many people here that was before I was born. I am homesick for a place and time I’ve never had the fortune to experience because it was already destroyed by the time I got here.