Muh Economy

[rascal]

That's pretty hypothetical. The typical shopping center is owned by a REIT that pools money from individual investors that depend on the monthly income derived from the rents after the REIT takes its management fee. Or even an individual investors who has " made it" according to you...he puts down 20%, borrows the rest and has monthly payments that the rent almost covers. No rent, no payments, he gets foreclosed on and loses everything.

No foreclosures for anyone so he won't have to worry about being foreclosed himself.

[rascal]

There is a thing called -

GREED

that will can all of these fantasies in this thread.


GREED will be what prevails - to the detriment of us all.

Capitalism is built on Greed.

[SpursforSix]

Capitalism is built on Greed.

Wrong. It's corrupted by greed. Just like any system whether it be communism, socialism or capitalism.

[Spurs Homer]

Wrong. It's corrupted by greed. Just like any system whether it be communism, socialism or capitalism.

im sure you can go a step further:

it is also - rewarded -

those greediest and most corrupt - get rewarded $$$ -

[SpursforSix]

im sure you can go a step further:

it is also - rewarded -

those greediest and most corrupt - get rewarded $$$ -

I agree with this. 100%. All systems probably work if everyone strictly follows the system. But so far, for the most part, people have shown that if they can one-up someone else, they will.

[spurraider21]

23K+ and rising. Economy going up not down.

Stock market isn’t the economy

[boutons_deux]

the stock market is The Economy, it's a bunch of wealthies buying low now to sell high

[Winehole23]

so when is the dow goin' down?

When the second order effects of mass unemployment, an inadequate bailout and halfassed COVID-19 mitigation become apparent.

[rmt]

No foreclosures for anyone so he won't have to worry about be foreclosed himself.

What about one's credit? Is that frozen too?

[rascal]

What about one's credit? Is that frozen too?

yes

[CosmicCowboy]

At this point only for three months. It's not debt forgiveness. You still owe it in three months.

[rmt]

At this point only for three months. It's not debt forgiveness. You still owe it in three months.

So, if I don't pay my rent/mortgage, utilities, bills - it won't affect my credit rating for 3 months?

[baseline bum]

Trump and McConnell got their no oversight corporate bailout. Now they're going to open the country to keep from paying all the unemployment.

[SnakeBoy]

How many of you have a Che Guevara t-shirt in your closet?

[DMC]

How many of you have a Che Guevara t-shirt in your closet?

Right above those Air Jordans.

[ElNono]

How many of you have a Che Guevara t-shirt in your closet?

been considering tattooing him on my calves, tbh

[Winehole23]

How many of you have a Che Guevara t-shirt in your closet?

My guess would be zero.

What makes you think someone does?

[Winehole23]

When the second order effects of mass unemployment, an inadequate bailout and halfassed COVID-19 mitigation become apparent.

Housing crash 2.0? Many links in the thread.