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03-25-2020, 12:16 PM | #4261 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
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Just a matter of how long this drags out to me. If we think there's a good chance that at least some of society will open up in a month or two, 30% seems way too high. If this is a 6+ month situation, I don't think it's out of the question that it could go that high.
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Posts: 52,065
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03-25-2020, 01:36 PM | #4262 | |
MVP
Join Date: Oct 2012
Location: Lenexa, KS
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Quote:
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Posts: 14,404
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03-25-2020, 01:49 PM | #4263 |
MVP
Join Date: Sep 2019
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buy bitcoin. These hacks are trying to ruin us all.
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Posts: 14,449
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0 4 |
03-25-2020, 01:51 PM | #4264 |
Andy Reid Supporter
Join Date: Apr 2012
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3 major crashes in the last 20 years. And people expect folks to save for retirement through the best possible facilitator (the market).
SS ain’t going anywhere |
Posts: 46,466
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03-25-2020, 04:17 PM | #4265 |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
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Commercial RE defaults have to be coming down the pipe
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Posts: 43,030
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03-25-2020, 05:20 PM | #4266 |
Fish are scared of me
Join Date: Nov 2001
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Posts: 40,495
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03-25-2020, 05:35 PM | #4267 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Posts: 45,762
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03-25-2020, 05:41 PM | #4268 |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
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Posts: 43,030
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03-25-2020, 05:45 PM | #4269 |
Fish are scared of me
Join Date: Nov 2001
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Money is coming to help people pay their bills BUT:
Government gives the tenants the right to put off paying rent without eviction. They also give the landlords right to put off paying mortgages but ONLY IF YOUR MORTGAGE IS BACKED BY FREDDIE MAC OR FANNIE MAY. Which mine are not. Our local JOP has a sign up saying there will be no eviction hearings until further notice. I hate the notion of asking my lender to convert to interest only loans for awhile. |
Posts: 40,495
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03-25-2020, 06:01 PM | #4270 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Posts: 45,762
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03-25-2020, 06:31 PM | #4271 |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
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Posts: 43,030
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03-25-2020, 07:34 PM | #4272 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
Think about what 30% would look like in 6 months. 6 Months is just shy of October. Yes. The top of that chart is 11% Do you really think dudes will be cool with quarantine for The rest of spring, all of summer and most of fall? I don’t. |
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Posts: 57,040
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03-25-2020, 07:35 PM | #4273 |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
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Posts: 43,030
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03-25-2020, 07:48 PM | #4274 | |
In Search of a Life
Join Date: Jul 2009
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Quote:
There’s no chance it won’t burn people out on it |
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Posts: 81,607
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03-25-2020, 08:15 PM | #4275 | |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
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Quote:
In this case, the economy as a runner is on PEDs and running at a speed it shouldn't physically reach wherein it crashed into wall that is an indefinite lockdown thanks to the ChiCom Cough. |
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Posts: 43,030
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