***Official Political Discussion Thread***

yea thats definitely a pyramid scheme :smh:

someone told me Devos family she married into spends hella cash on fancy boats and boat races in michigan or something??

I think they are somewhat different, a pyramid scheme is like what madoff ran.
 
I think they are somewhat different, a pyramid scheme is like what madoff ran.
That's a ponzi scheme. A pyramid scheme is a MLM company.

It's called a pyramid scheme due to how it's structured
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Home prices are at an all time high where I'm from... Any real estate professionals anticipate prices will dip soon?

If prices dip I wouldn’t buy in the initial dip. I’d wait for people to get cash strapped and have issues paying off their credit. Defaults, short sales, and just sales to Survive is when you buy. I tend to believe that you start buying when prices of stocks start to rebound.

Interest plays a key role in this but as rates rise prices drop because at the end of the day people will only pay so much month. It’s an inverse relationship.
 
Ahhhh Rex Tillerson, I knew this day would come....oh my how you have been humiliated so...

shall I count the ways?


I mean you had to be the public whipping boy for a man YOU YOURSELF believe to be a moron.
Your wife told you "god wasn't through with you", turns out god decided you needed a couple spoon fulls of humiliation before you shuffle lose from the mortal coil.


But a low key humiliation and really the most powerful humiliation of all is it turns out your just not that good at being a CEO,

The powerful captains of industry that run media, government, higher education will have us believe that CEO's are the BEST among us, hyper competent individuals, imbued with truest vision. The ability to understand and reminder complex problems in ANY FIELD. THEY should run government and THEY, are well deserving of their bloated salaries, replete with golden parachutes in the event that they do happen to destroy the global financial system...

Rex Tillerson, one of the highest paid CEO's (so theoretically the most competent.) left Exxon Mobile, aaaaaand...Nothing.

Nothing happened. stock didn't go down, Exxon didn't appear to be worse off, turns out Exxon didn't need him, and menawhile Rex took his talents to the US State Department where he predisposed over

THE WORST RUN STATE DEPARTMENT IN THE HISTORY OF THE NATION.



Rex you could have retired, enjoyed your billions and secured your reputation as one of the great American ceo's instead, you listened to your wife, and made a deal with Trump

"god wasn't done with you yet"


God works in mysterious ways...Turns out god needed you broken and humiliated first for your to see the truth...



ANYONE WHO MAKES A DEAL WITH TRUMP IS LEFT A BROKEN AND HUMILIATED MAN.
 
Ahhhh Rex Tillerson, I knew this day would come....oh my how you have been humiliated so...

shall I count the ways?


I mean you had to be the public whipping boy for a man YOU YOURSELF believe to be a moron.
Your wife told you "god wasn't through with you", turns out god decided you needed a couple spoon fulls of humiliation before you shuffle lose from the mortal coil.


But a low key humiliation and really the most powerful humiliation of all is it turns out your just not that good at being a CEO,

The powerful captains of industry that run media, government, higher education will have us believe that CEO's are the BEST among us, hyper competent individuals, imbued with truest vision. The ability to understand and reminder complex problems in ANY FIELD. THEY should run government and THEY, are well deserving of their bloated salaries, replete with golden parachutes in the event that they do happen to destroy the global financial system...

Rex Tillerson, one of the highest paid CEO's (so theoretically the most competent.) left Exxon Mobile, aaaaaand...Nothing.

Nothing happened. stock didn't go down, Exxon didn't appear to be worse off, turns out Exxon didn't need him, and menawhile Rex took his talents to the US State Department where he predisposed over

THE WORST RUN STATE DEPARTMENT IN THE HISTORY OF THE NATION.



Rex you could have retired, enjoyed your billions and secured your reputation as one of the great American ceo's instead, you listened to your wife, and made a deal with Trump

"god wasn't done with you yet"


God works in mysterious ways...Turns out god needed you broken and humiliated first for your to see the truth...



ANYONE WHO MAKES A DEAL WITH TRUMP IS LEFT A BROKEN AND HUMILIATED MAN.
God had a plan for Rex. That one day he would be hugging his wife in the parking lot of the State Department after security took his credentials, and gave him 10 mins to clear the premises. Like.....

drake%20gods-plan.jpg
 
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If prices dip I wouldn’t buy in the initial dip. I’d wait for people to get cash strapped and have issues paying off their credit. Defaults, short sales, and just sales to Survive is when you buy. I tend to believe that you start buying when prices of stocks start to rebound.

Interest plays a key role in this but as rates rise prices drop because at the end of the day people will only pay so much month. It’s an inverse relationship.

Just to build off this. The key to doing this is being cash heavy. Most people invest in equities or hedge and take on additional credit. This works when the market is hot but when the market is cold it severely cash straps people. It’s why the joke is always that the rich get richer during recessions since they have the cash to buy bargain deals. I’m sitting on a good amount of cash now myself waiting for a large dip. I’m still in equities heavily but more so through different types of mutual funds than individual stocks.

There will be a need to move into fixed income sooner rather than later. Timing the market is impossible. Question becomes is how many more corrections are we going to have rather than an actual recession. Inflation worries have eased a bit but these tariffs man. Depending how they shape up they can bring the work to recessionary times quickly if every country starts throwing them up. I actually agree with Elon Musk and others to some degree that we shouldn’t allow other countries to have them while we are fine without them. Problem is we are so dependent on normal products from the China’s and India’s of the world that the poorer population will really feel it. Imagine paying 5 grand for a fridge that costs 2 today. **** would break people’s backs.
 
Rex has probably never been fired in his life and the first time it happens, he learns about it with millions of people. :lol

He must want to throw hands with the orange clown
 
In most markets pricing are at an all time high due to lack of supply, not from over extended credit like the last recession.

This. I'm in Denver and a Realtor. Supply is at a 10 year low, but I think the big unknown is what the uncertainty will do to interest rates. They've gone up considerably twice since the beginning of the year. Hoping they drop come summer time.
 
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