Crnr2Crnr Posted February 23, 2023 Author Share Posted February 23, 2023 1 minute ago, snoughnut said: I can promise you this recession will be nothing like 2008. we just spent $20T on protecting our financial system from COVID... which makes 2009 look like a trip to McDonald's. what makes anyone think they won't do it again? frankly I think they're counting on it. Quote Link to comment Share on other sites More sharing options...
hayward Posted February 23, 2023 Share Posted February 23, 2023 1 minute ago, Mainecat said: These idiots think the are Trump rich. Fuck the lenders that make em feel this way. Not one single thread, eh? 1 1 1 Quote Link to comment Share on other sites More sharing options...
snoughnut Posted February 23, 2023 Share Posted February 23, 2023 8 minutes ago, Crnr2Crnr said: we just spent $20T on protecting our financial system from COVID... which makes 2009 look like a trip to McDonald's. what makes anyone think they won't do it again? frankly I think they're counting on it. We are not in a mortgage crisis like 2008, you'll never see a recession that bad again in our lifetime. 1 Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted February 23, 2023 Share Posted February 23, 2023 27 minutes ago, Mainecat said: These idiots think the are Trump rich. Fuck the lenders that make em feel this way. Trumps fault 1 1 Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted February 23, 2023 Share Posted February 23, 2023 31 minutes ago, Mainecat said: These idiots think the are Trump rich. Fuck the lenders that make em feel this way. Well, it’s obvious you’re as intelligent as Biden. 2 Quote Link to comment Share on other sites More sharing options...
stinkipinki Posted February 23, 2023 Share Posted February 23, 2023 3 hours ago, spin_dry said: Nobody cares how much money you make. I care. 1 Quote Link to comment Share on other sites More sharing options...
Gold Member 800renegaderider Posted February 23, 2023 Gold Member Share Posted February 23, 2023 It’s the big tech companies fault for laying off all these “zoomers” Quote Link to comment Share on other sites More sharing options...
Cold War Posted February 26, 2023 Share Posted February 26, 2023 Quote Link to comment Share on other sites More sharing options...
Mainecat Posted February 26, 2023 Share Posted February 26, 2023 When colleges started increasing the size of their marketing and sales staffs it should have been a warning. 2 Quote Link to comment Share on other sites More sharing options...
snoughnut Posted February 26, 2023 Share Posted February 26, 2023 5 minutes ago, Mainecat said: When colleges started increasing the size of their marketing and sales staffs it should have been a warning. Parents telling their children for the last 20 - 25 years that they won’t amount to much without a college education did far more damage. 1 1 Quote Link to comment Share on other sites More sharing options...
Mainecat Posted February 26, 2023 Share Posted February 26, 2023 On 2/22/2023 at 7:51 PM, hayward said: Not one single thread, eh? Look in the mirror Quote Link to comment Share on other sites More sharing options...
Snake Posted February 26, 2023 Share Posted February 26, 2023 23 minutes ago, Mainecat said: Look in the mirror Is Trump in the room with you, right now? 3 Quote Link to comment Share on other sites More sharing options...
Not greg b Posted February 26, 2023 Share Posted February 26, 2023 On 2/22/2023 at 7:01 PM, snoughnut said: We are not in a mortgage crisis like 2008, you'll never see a recession that bad again in our lifetime. Usually if they can’t make a car payment, not making mortgage payments are next. 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted February 26, 2023 Platinum Contributing Member Share Posted February 26, 2023 1 minute ago, Not greg b said: Usually if they can’t make a car payment, not making mortgage payments are next. But this time the deadbeats who are missing car payments didnt buy houses. The inventory just wasnt there. They were passed over in favor of buyers with good credit , Those who put in P&S's that would would not fall apart. Quote Link to comment Share on other sites More sharing options...
snoughnut Posted February 26, 2023 Share Posted February 26, 2023 1 minute ago, Not greg b said: Usually if they can’t make a car payment, not making mortgage payments are next. Perhaps a few will have some trouble but not nearly the amount that there were back in 2008 and beyond. Besides, dumb shits that over bought vehicles can sell them and buy something they can actually afford. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted February 26, 2023 Platinum Contributing Member Share Posted February 26, 2023 I wish the market would tank , and quick. I need to buy my retirement home and then have the market rebound in time to sell this place. Quote Link to comment Share on other sites More sharing options...
Not greg b Posted February 26, 2023 Share Posted February 26, 2023 5 minutes ago, steve from amherst said: But this time the deadbeats who are missing car payments didnt buy houses. The inventory just wasnt there. They were passed over in favor of buyers with good credit , Those who put in P&S's that would would not fall apart. Eh, In their bidding wars to get the perfect house they were way over extending themselves. Pulling a 401k loan was the normal thing the last few years to make up the difference between the apprised value and what they bought the house for. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted February 26, 2023 Platinum Contributing Member Share Posted February 26, 2023 1 minute ago, Not greg b said: Eh, In their bidding wars to get the perfect house they were way over extending themselves. Pulling a 401k loan was the normal thing the last few years to make up the difference between the apprised value and what they bought the house for. Maybe , but the people who lost homes in 08-09 didnt even have 401k's Quote Link to comment Share on other sites More sharing options...
Mainecat Posted February 26, 2023 Share Posted February 26, 2023 1 hour ago, Not greg b said: Eh, In their bidding wars to get the perfect house they were way over extending themselves. Pulling a 401k loan was the normal thing the last few years to make up the difference between the apprised value and what they bought the house for. If it was a hardship loan yes. Quote Link to comment Share on other sites More sharing options...
Gold Member 800renegaderider Posted February 26, 2023 Gold Member Share Posted February 26, 2023 3 hours ago, steve from amherst said: I wish the market would tank , and quick. I need to buy my retirement home and then have the market rebound in time to sell this place. I was just reading something the other day saying inventory in NH is so low prices are staying high and they don’t expect a slow down anytime soon 🤷♂️. You might be waiting awhile for a deal. Quote Link to comment Share on other sites More sharing options...
Gold Member EvilBird Posted February 27, 2023 Gold Member Share Posted February 27, 2023 Kids need to be taught how Car loans, credit cards and mortgages work in High school. They get into these loans at a young age clueless, its criminal really. That should be a full mandatory class for all students instead of all the other liberal horseshit these moron democrat infested public schools teach 1 2 Quote Link to comment Share on other sites More sharing options...
snoughnut Posted February 27, 2023 Share Posted February 27, 2023 46 minutes ago, EvilBird said: Kids need to be taught how Car loans, credit cards and mortgages work in High school. They get into these loans at a young age clueless, its criminal really. That should be a full mandatory class for all students instead of all the other liberal horseshit these moron democrat infested public schools teach I didn't wait for the public screwl system, there's no common sense there. I pounded it into my kids heads constantly about the burdens of debt and it's good to see it's working. Keep the bankers/vultures at a distance. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted February 27, 2023 Share Posted February 27, 2023 1 hour ago, EvilBird said: Kids need to be taught how Car loans, credit cards and mortgages work in High school. They get into these loans at a young age clueless, its criminal really. That should be a full mandatory class for all students instead of all the other liberal horseshit these moron democrat infested public schools teach Like where you choose to live, work, pay taxes and send your kids to school? Quote Link to comment Share on other sites More sharing options...
hayward Posted February 27, 2023 Share Posted February 27, 2023 23 hours ago, Mainecat said: Look in the mirror WHOoooooooSH! Quote Link to comment Share on other sites More sharing options...
Mainecat Posted February 27, 2023 Share Posted February 27, 2023 1 minute ago, hayward said: WHOoooooooSH! No dumbass your doing what your accusing me of doing except I post current events and you just follow me around like a puppy. Quote Link to comment Share on other sites More sharing options...
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