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America, Here Comes the Great Depression 2.0
Townhall.com ^ | April 24, 2021 | Joseph Semrevivo

Posted on 04/24/2021 5:26:26 AM PDT by Kaslin

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To: TalBlack

Housing is short with silicon valley teleworkers are buying up every scrap of property. Now.. Add millions of illegal aliens on welfare with guaranteed housing and it aint helping. Unless youre a democrat.


61 posted on 04/24/2021 8:27:25 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes.)
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To: Texas resident

It’s done. Adjust and prepare accordingly.


62 posted on 04/24/2021 8:28:12 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes.)
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To: Kaslin
In 2006, I predicted a housing crisis in the coming years. In 2019, I shorted the stock market because I expected a downturn by early 2020.

In other words, he predicted five of the last two market crashes.

63 posted on 04/24/2021 8:50:43 AM PDT by palmer (Democracy Dies Six Ways from Sunday)
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To: sockmonkey

Yes he is and in fact told me a tale of a building that was bid on with estimates and they delayed to wait out COVID then even after eliminating a second story and sq footage found the pricing to be some 30% more with less....
He fields many calls and searches for material all day.....


64 posted on 04/24/2021 8:55:46 AM PDT by magna carta (TX all you have to do is send an email to principal with a witness included on the communication.)
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To: Travis McGee
Do you think that 2021 is comparable to 1979, with Reagan coming in soon?

Well, it's almost 4 years before it's even possible to change the Presidential philosophy from communist to semi-sensible.

There is a big time difference right there.

I'd say it's closer to 1977 than 1980.

65 posted on 04/24/2021 9:52:18 AM PDT by USS Alaska (NUKE ALL MOOSELIMB TERRORISTS, NOW.)
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To: sockmonkey
When/If China regains Taiwan, they will control most of the worldโ€™s chip making. China also has the majority of global mining agreements for Rare Earth Minerals such as used in lithium batteries.

Yes, and there's Biden calling for all electric cars - a total dependence on China. It's insane but intentional on the part of Biden's commies.

66 posted on 04/24/2021 9:52:30 AM PDT by GOPJ (We need a better class of 'elites' - the ones we have now are more like monied white trash...)
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To: sockmonkey
When/If China regains Taiwan, they will control most of the worldโ€™s chip making. China also has the majority of global mining agreements for Rare Earth Minerals such as used in lithium batteries.

Yes, and there's Biden calling for all electric cars - a total dependence on China. It's insane but intentional on the part of Biden's commies. We're walking into unknown territory.

67 posted on 04/24/2021 9:53:04 AM PDT by GOPJ (We need a better class of 'elites' - the ones we have now are more like monied white trash...)
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To: Kaslin
Leading Economic Index in the United States is expected to be 129.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in the United States to stand at 127.00 in 12 months time. In the long-term, the United States Coincident Index is projected to trend around 128.00 points in 2022, according to our econometric models.

United States Coincident Index

68 posted on 04/24/2021 9:56:37 AM PDT by mjp ((pro-{God, reality, reason, egoism, individualism, natural rights, limited government, capitalism}))
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To: Pollard

Oak board is up 30% at HD this year. And builders can’t get appliances. Dishwashers, refrigerators, etc. Backordered 6 months.


69 posted on 04/24/2021 9:58:20 AM PDT by Basket_of_Deplorables (Convention Of States is our only hope now!)
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To: Sirius Lee

the US population grew by 4 million last year.

That number is the number of illegal people who crossed the southern border and then had kids


70 posted on 04/24/2021 10:08:15 AM PDT by PIF (They came for me and mine ... now its your turn)
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To: Lurker

Bkmk


71 posted on 04/24/2021 11:05:54 AM PDT by sauropod (Chance favors the prepared mind.)
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To: Lurker

Bkmk


72 posted on 04/24/2021 11:05:55 AM PDT by sauropod (Chance favors the prepared mind.)
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To: Travis McGee

Bflr


73 posted on 04/24/2021 11:06:55 AM PDT by sauropod (Chance favors the prepared mind.)
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To: central_va

“No. There will be state secession and perhaps a war. But very ORGANIZED. More deadly than the chaos you preach.”

Your crystal ball and mine are equally clear and cloudy. We agree that there will be blood.


74 posted on 04/24/2021 12:19:24 PM PDT by Travis McGee (EnemiesForeignAndDomestic.com)
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To: ducttape45

Communist Chinese. A friend of mine got $50000 over asking because of a bidding war, one of the highest offers was a guy from China. (Another really high bid was from an Iranian).

They accepted a lower bid from a conservative Christian American family. Iโ€™m hearing its happening all over. ( not just Texas but all over the country). People are getting 15-20 offers on homes.

This sounds depressing but I truly believe they want to finish us off, then move the elites of their country here. Its very hard seeing the country you love being auctioned off by traitors. ๐Ÿ˜ข


75 posted on 04/24/2021 12:44:05 PM PDT by boxlunch (Our media and most politicians are owned by the CCP. Resist. )
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To: USS Alaska

In 1979 with the biggest creditor nation in the world. Now we are the biggest debtor nation.


76 posted on 04/24/2021 2:49:43 PM PDT by DesertRhino (Dog is man's best friend, and moslems hate dogs. Add that up. .... )
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Ping ping


77 posted on 04/24/2021 3:01:43 PM PDT by Bob Ireland (The Democrap Party is the enemy of freedom.They use all the seductions and deceits of the Bolshevics)
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To: Salman

You’re exactly right.

๐Ÿ˜ฉ


78 posted on 04/24/2021 3:20:46 PM PDT by Jane Long (America, Bless God....blessed be the Nation ๐Ÿ™๐Ÿป๐Ÿ‡บ๐Ÿ‡ธ)
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To: Lurker

Have had all/most, since 0bowmao’s reign.


79 posted on 04/24/2021 3:29:05 PM PDT by Jane Long (America, Bless God....blessed be the Nation ๐Ÿ™๐Ÿป๐Ÿ‡บ๐Ÿ‡ธ)
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To: Sirius Lee

Yep. Not much of their ‘accounting’ is adding up.


80 posted on 04/24/2021 3:31:05 PM PDT by Jane Long (America, Bless God....blessed be the Nation ๐Ÿ™๐Ÿป๐Ÿ‡บ๐Ÿ‡ธ)
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