Recession 2022-2122

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Submitted by flu on February 11, 2020 - 12:46pm

I am fairly certain a recession will happen.

Submitted by FlyerInHi on February 11, 2020 - 1:04pm.

flu wrote:
I am fairly certain a recession will happen.

Me too.
1. Have the guts to predict it
2. Be as close as possible.

For real estate, you have a window of opportunity of several years. Have your money ready.

Submitted by flu on February 11, 2020 - 3:25pm.

Well, Brian. It doesn't require any guts to make any sort of prediction on an internet blog for which if one's thesis for his/her prediction doesn't pan out the way he/she is expecting, one can simply disappear and go into hiding only to resurface a few weeks later by resurrecting a completely unrelated thread to avoid being called out for those erroneous and politically motivated predictions.

Guts would have been if one actually put significant money on the table to back those predictions because then that's a prediction with conviction. To use the phrase often brought up on real estate, the person "has no skin in the game"...

Since that clearly wasn't done, well I'll see you when you later when you resurrect another thread to avoid this subject, lol.

Submitted by FlyerInHi on February 11, 2020 - 3:36pm.

2020 has not ended yet.
If you read my thread, you will see some explanations as to why the recession may be delayed.

As to money on the table, I will use the opportunity to buy an apartment building to boost my retirement income.

Submitted by paulflorez on February 11, 2020 - 8:09pm.

Did a non-serious post making fun of an old thread really need a new thread? Just post it in the old one.

Submitted by flu on February 11, 2020 - 8:52pm.

paulflorez wrote:
Did a non-serious post making fun of an old thread really need a new thread? Just post it in the old one.

yes. because 90% of the threads are now non serious since the lunatics took over. So two extra superfluous threads are not going to hurt.

Sure beats China is awesome thread, Trump thread, GOP thread, who will run in 2020 thread, impeachment thread, PE Ratio thread. I think there are a few real estate related thread left.

Submitted by FlyerInHi on February 12, 2020 - 7:53am.

Flu, the most childish comments come from you.

As the Chinese say, life is comprised of 12 year cycles. When planning your life and investing, it’s important to know approximately when recessions will happen, especially as they correspond to the stages of your life. That’s only smart.

Unlike you, I don’t expect those who watch the economy to make large single financial bets on what they expect to happen. But it’s wise to recognize the cycles and take action to the extent possible, not as a bet before but during the downturns because of window of opportunity they provide.

There are the deficit hawks who believe as a matter of laws of economics that hyper inflation are the results of deficit spending. I don’t expect them to take a financial position to their predictions. I would however love to know approximately within a couple years when hyper inflation will happen. I would hope that such people have the force of conviction to prepare for the outcome they are so certain of.

Submitted by paulflorez on February 16, 2020 - 12:35pm.

flu wrote:
paulflorez wrote:
Did a non-serious post making fun of an old thread really need a new thread? Just post it in the old one.

yes. because 90% of the threads are now non serious since the lunatics took over. So two extra superfluous threads are not going to hurt.

Sure beats China is awesome thread, Trump thread, GOP thread, who will run in 2020 thread, impeachment thread, PE Ratio thread. I think there are a few real estate related thread left.

The China thread linked an interesting YouTube video about AI, international politics and China’s real estate data. The impeachment thread was started by scaredyclassic, hardly a “lunatic”. Most of the threads I find here to be informative. The parody threads you are creating are just garbage taking up space.

Also, your original reply to me of just “Yes.” was better, because at least then you were subtly acknowledging it was just trollish behavior. Editing your comment to try to add some kind of sensible justification was a waste of time. Even if you think the other discussions should be censored because they add no value, don’t make the problem worse by contributing your own worthless posts.

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