- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Winter Olympics
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: When will it all come crashing down?
Posted on 3/7/23 at 12:20 pm to sidewalkside
Posted on 3/7/23 at 12:20 pm to sidewalkside
3:50
0
Posted on 3/7/23 at 1:40 pm to tylerlsu2008
quote:
Think there is a lot of “making up for lost time” spending re travel, entertainment, etc
Well, when does that begin to level out?
Posted on 3/7/23 at 5:20 pm to BigPapiDoesItAgain
You don't feel it because you lived through the best job market of all time.
Posted on 3/7/23 at 5:48 pm to Gifman
quote:
Thus the increase in average credit card balances.
Credit card balances are down in real terms.
CC balances are only up ~6% since EOY 2019. Inflation is ~16% in that time period.
Posted on 3/7/23 at 6:05 pm to sidewalkside
A house 5 doors from me just sold for $1.15M. The land was subdivided from a neighbor who can't even be bothered to keep his grass from being dead in the dry months. And we have snowbirds 5 miles East bitching about being "too far from the beach" (They are exactly 11.6 miles from the beach)
Posted on 3/7/23 at 6:41 pm to USMCguy121
quote:
As long as the government can print money out of thin air it won't come crashing down.
Take a basic economics course.
Posted on 3/7/23 at 6:54 pm to sidewalkside
When Russian nukes take flight, it will pretty much come crashing down. Every day until then is house money.
Posted on 3/7/23 at 7:23 pm to sidewalkside
quote:
The price of everything has become untenable.
I Watch Johnny Carson reruns and enjoy the monologues because no matter the times or presidents the complainants are all the same. Yet here we are.
Posted on 3/7/23 at 8:01 pm to Dominate308
quote:
When Russian nukes take flight, it will pretty much come crashing down. Every day until then is house money.
I hope they don’t become that stupid. Wipe out both countries and nuclear fallout worldwide. Put me at ground zero.
Posted on 3/7/23 at 8:04 pm to Clark14
One day soon we'll find out just how "civilized" people are when the rug is pulled out from under them.
Masses of people are a threat to the ruling elite. They are trying to keep us from making a living on our own and depend on them for everything. The they'll slowly start turning off the government assistance and watch us eat each other.
Masses of people are a threat to the ruling elite. They are trying to keep us from making a living on our own and depend on them for everything. The they'll slowly start turning off the government assistance and watch us eat each other.
Posted on 3/7/23 at 8:07 pm to Dominate308
quote:
When Russian nukes take flight, it will pretty much come crashing down.
So never ?
Russia doesn't have 1/100th of the missile defense capabilities of the USA and they know it.
It isn't mutually assured destruction anymore. It's 'they lose and we win.'
People mocked Reagan for 'star wars' but he was just ahead of his time.
Posted on 3/7/23 at 8:08 pm to dbeck
Lack of cheap energy to run American suburbia will destroy this country. I know the oil depletion folks are derided as chicken littles, but I think it's only a decade or two away. In fact, while most people point to real estate shenanigans for the 2008 meltdown, $147 barrel oil didn't help.
Posted on 3/7/23 at 8:21 pm to MEANGREEN65
quote:
Shippers/manufacturers will pass along savings to consumers and the bubble will burst.
That’s funny
Posted on 3/7/23 at 8:24 pm to sidewalkside
quote:
This is basic needs.
I have to be honest. The crash began when people thought they were worthy of speaking towards matters of global economics while not knowing how to properly form, as was described in second grade, a simple sentence.
We’re all fricked. And you’re the problem. I am also the problem, to be fair. But for other reasons.
Happy Tuesday.
This post was edited on 3/7/23 at 8:27 pm
Posted on 3/7/23 at 8:25 pm to sidewalkside
Yesterday I got two credit card offer mailers.
Bank of America and Citibank.
Both offered me 0% interest for 18 months.
After that, the quoted rates were 27.4 and 29.4 percent.
How many people are going to grab those and run those up to put off the doom for a bit longer?
Bank of America and Citibank.
Both offered me 0% interest for 18 months.
After that, the quoted rates were 27.4 and 29.4 percent.
How many people are going to grab those and run those up to put off the doom for a bit longer?
This post was edited on 3/7/23 at 8:36 pm
Posted on 3/7/23 at 8:28 pm to LSUFanHouston
quote:
Bank of Anerica
Not to worry you but if you applied for the Bank of Anerica card you might have some problems moving forward.
This post was edited on 3/7/23 at 8:29 pm
Posted on 3/7/23 at 8:28 pm to USMCguy121
quote:
Russia doesn't have 1/100th of the missile defense capabilities of the USA and they know it.
With the current admin not noticing a damn ballon I don’t have much faith in them stopping ballistic missiles flung all over the map
Posted on 3/7/23 at 8:36 pm to AbitaFan08
quote:
Not to worry you but if you applied for the Bank of Anerica card you might have some problems moving forward
Lol
Posted on 3/7/23 at 8:48 pm to Big Jim Slade
quote:people are buying $1,000 sneakers that look like they spent a month in the dumpster.
This is what i can’t figure out. Entertainment venues are packed. Vacation spots, Disney/beach/ski resorts and flights are packed and many sold out, even with double/triple the prices above early 2020. Restaurants in those places are packed. Maybe people are slamming their credit cards or making their household budget cuts elsewhere, determining that vacation is a “basic need”, but people are spending, and spending heartily, in these segments.
The only possible explanation is that the majority of people are living on credit cards and are racking up an inordinate amount of debt in order to maintain untenable lifestyles. Would this be considered a bubble?
This post was edited on 3/7/23 at 10:44 pm
Page 6 of 6
Popular
Back to top
Follow TigerDroppings for LSU Football News