India
6h
687
If the US were to invade India, how quickly would the US win?
Tech Industry
4h
846
How bad is it in meta?
Layoffs
Yesterday
1094
We have 8 months left. They’re going to crash the economy once Trump is back.
Tech Industry
Yesterday
1540
Meta E6 offer.
Tech Industry
Yesterday
3435
Job market is brutal for SWEs 🥲
Please tell us yet again that the sky is falling. #investments
Imagine someone who lost money in dot com crash. He is probably elderly. He rents, he confirmed that. And diversifies by buying gold, silver, some safe stocks and some things I never heard of. Imagine living with that kind of regret. Not buying a bay area house in 2002, 2005, 2011. Whatever be the reason, a life recking investment in youth, divorse, medical bills? Imagine sitting in bay area and not being able to prosper. What would you do if you lost the opportunity of a lifetime? Will you face your regrets? Or will you convince yourself that its others who have taken too much risk? That sky is about to fall? We are young and we dont understand but a lot of these sky is falling trolls have suffered a lot. Dont spotlight them.
The sky is not falling yet, but is about to. It will be way worse than most people can imagine or have ever seen in their life or heard in Great Depression stories.
As foretold, San Jose is leading the nationwide decline in housing. Bay Area real estate will get wiped out and San Jose housing will sink in the sands of time as if Silicon Valley never existed. https://therealdeal.com/sanfrancisco/2022/07/06/san-jose-has-nations-largest-decline-in-home-prices/amp/
Uwom24 .. too early to say anything. Inflation has greater chances of going down to 2/3 % simply because it is measured YoY. And now we are beginning to see MoM increases of 0.2% .. Annualize that and a year from now inflation is at 2.4%. Feds fund rate will be cut down to zero again, QT will stop and at first signs of stick market tantrums , QE will begin again. The only reason Fed is motivated to do QT right now is not to pay bond investors the high yields on a much larger outstanding balance sheet.. once interest rates are back down to 0 , housing n stock market will soar again Your arguments, theory, debts levels , M2 supply and waves calculations while all valid will not materialise anytime soon The Can will be kicked down the road It all comes down to whether a year from now inflation will be down to 3% ( 3% will be the new 2% ). The 1 year , 2 year bond yields and the fact that we had a high inflation base form in latter part of 2021 all point to the fact that inflation just cannot keep going up.. we will not eradicate the 20 ( more like 50 in real world ) percent inflation already created up to that point from 2020 march .. but no one is thinking or even thinking about thinking about that. Goal is just 2-3 inflation over last year. Your thoughts ? Tell me why this argument is wrong.
Actually I feel it is already too late to say anything as the masses cannot be saved from the results of disastrous gov/fed policy. The mistakes have already been made for decades, the effect will follow. Saying it when the signs are clear is useless, but I have said it years earlier. The argument is wrong because it starts with the premise that “it is too early to say anything “, but my point is that is exactly when it has to be called out. It is now too late for most people, as for a seller, there are is a buyer too. 0% rate is an anomaly in 2000 years of history. The world will go back to normal. The fake world that was built by government intervention and central planning that ignored free market principles will die. Economy is not a machine that the FED can oil and grease to run at a certain pace. The FED is not in control. It only appears to be when the economy happens to go their way. It won’t.
San Jose is leading the nation wide crash.
Bay Area median price down 35%. Here is your data. https://wolfstreet.com/2023/02/17/san-francisco-bay-area-housing-market-crashes-prices-plunge-35-from-crazy-peak-where-is-demand-supposed-to-come-from/
UWOM24 was right. And he/she/they will proven right over and over again in the next 18 months. The Tech winter has just begun. Fed's QT operation has just started.
The world that was built based on 0% rates and free money is crumbling as old business models become obsolete as seen in SVB collapse. Here is the problem for the entire banking system. I.e they have unrealized losses. If they don’t have to sell, they may be fine. But if they have to sell, losses will be huge. Compare it to 2008, and realize that situation is far worse.
I'm not him, but I can help you. Take a look: https://doomberg.substack.com/ This guy will convince you again that the sky is falling!
Tech crash is underway. Meta down, Google down, many tech stock charts look like Tulipmania. Housing sees fastest price decline: https://finance.yahoo.com/news/us-home-prices-could-plunge-195915705.html
And no the sky is not falling yet. This is only the beginning.