Twentytwodividedby7 @ Twentytwodividedby7 @lemmy.world

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2 yr. ago

To wit, you can send a message by adding a "Trump Tariff Tax" instead of changing your base price, just to clearly articulate to the simpletons that thought this would lower costs

He's the oldest president in our history and eats McDonald's frequently...

Same time Elon did the old Sieg Heil in front of a live, televised audience at the inauguration. Golly, I wonder if these events are related...what the actual fuck

It's called Instagram or YouTube Shorts. Same thing...TikTok offered nothing new. And I'm here, but all I see on Lemmy are the same posts 3-4 times, predictable pearl clutching reactions to everything, and very limited news coverage with a proclivity for posting random, fringe sources

For context, 3.7% of their GDP is like $1.5B USD. That's a bit of a joke

How well do you think the population would fare if the government goes bankrupt?

Which makes the information incorrect.

Well, they stated the reason in the goal. Hence writing a goal?

On what basis? You are way out of your depth. I'm sorry, but you have no clue what you're talking about. See my prior comment

You did not remember correctly. This is disclosed on every savings account with a bank that is insured by the FDIC. The limit was raised several years ago.

You shut your fucking mouth about the FDIC. They are 100% industry funded, they supported Americans through the financial crisis so none of them lost a dime from failing banks, they effectively regulate a large number of banks to remediate financial stress before it results in a loss, and they have never taken a dime of taxpayer money.

And they don't need to hold 100% of the cash in banks, do you hear yourself with how stupid that is? They model how much cash they need from premiums to hold in reserve and they are very effective at it. Also, if losses increase they can levy a special premium on banks to shore up their liquidity position like they did in the financial crisis.

The FDIC actually has a podcast series about how they managed the financial crisis in case you want to educate your ignorant ass. I taught a whole segment in it when I taught Commercial Banking.

Idk, I miss the Google Podcast app so much. Nothing else has come close for ease of use and car integration

I'm not a landlord. And you're just incorrect. This is no stupid questions, but there are plenty of stupid answers. The great recession was caused by homeowners and banks making loans they shouldn't have with adjustable rates and predatory practices (ever heard of a NINJA loan?) that greatly increased demand for housing, and then the banks created derivatives on derivatives that all went up in smoke when the underlying loans defaulted. This resulted in many people losing their homes, but more broadly financial markets tightened and housing starts plummeted, which is responsible for the housing shortage today. We had like 5-10 years of development well below replacement.

I would also point out that most local zoning laws make multi-use housing like apartments that we lust for in the 15 minute city difficult to build in favor of the single family home. I would argue that is actually the average homeowner's fault more than a landlord.

"The alternative to landlords is not everything being government housing, but also that's not an issue if you take away landlords and stop them from having any power..."

What the actual fuck does that mean? Do you hear yourself? The alternative is not the thing I said, but something else that still remains imaginary.

You know housing costs money to build right? So, for that to happen, someone has to invest. There are these institutions called banks, maybe they haven't made it to lunatic Island where you live, but they charge interest so you can have money today to build or buy rather than waiting years to accumulate that money.

Now that housing is built, the person that built it wants to sell it. Someone buys it and then someone lives in it for a cost. Without government intervention, what is the alternative?

The problem is not OP's Aunt or even most apartment management companies, but I will give you that Private Equity getting into single family housing is a problem. That should be addressed, and I seriously doubt it will.

If landlords are so evil, would their tenants alternatively buy the apartment where they rent? People rent for many reasons - perhaps they can't afford to buy , or perhaps they like paying a fixed amount so someone else can fix the house when things break.

Either way it isn't the landlords fault that many cities have restrictive zoning laws and we are still reeling from missed housing development during the great recession. Demand for housing has well outdated supply and inflation has made the inputs more expensive, thus prices have gone up. More supply will help reduce the rate of increase, but real prices will not decline without another deep recession, and the impact of that would still be temporary.

If landlords are middleman, would you prefer everyone lives in government housing? Explain the alternative in your fantasy land related to housing, not some ridiculous anecdote about charging for air.

But it wasn't funny because a prerequisite and a requirement could be used interchangeably...can you try being less of an asshole? It might help your jokes land

Can someone just fucking leak it already

What do you think a prerequisite is? If you're going to be pedantic, at least be right...

The VW ID4 is currently under a stop sale because it keeps catching on fire

Oh, the guy with 34 felony convictions doesn't want to sign an ethics agreement he created? Golly, I wonder why