this post was submitted on 07 Apr 2025
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top 25 comments
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[–] [email protected] 8 points 4 hours ago

Maybe this is it?

Like I bought into my current house mortgage at $500k. Now I've seen a few houses down the road finish building... Mid city in Kenmore WA, for 2.4million. Okay great! I can barely afford my place, how can anyone dream of getting into a 2.4 million dollar house if they're not the CEO of something or another? My neighborhood has a mechanic, a teacher, a juice maker, a nurse. Like that's the people here and they don't have 2.4million. Their kid's kid's might one day buy a school book for 2.4 million and look at how cheap houses were today. But not us, now.

So is this it? Does the market caput and the government just pays off all our loans in a big reset moment? Then everyone starts selling their house back to reasonable money like 200k or 300k?

[–] [email protected] 42 points 9 hours ago

They voted for red so they got red

[–] [email protected] 46 points 10 hours ago (2 children)

Hey there’s still the one green hold out

[–] [email protected] 30 points 8 hours ago

I believe that would be MarketAxess (MKTX) which largely deals in bonds AFAIK. Given that bonds are the traditional safe haven asset when traders see the market shitting the bed, them doing well isn't necessarily the best sign for overall market health...

[–] [email protected] 2 points 6 hours ago

Berkshire Hathaway?

[–] [email protected] 39 points 10 hours ago (1 children)
[–] [email protected] 16 points 10 hours ago

We are already tired of winning

[–] [email protected] 7 points 7 hours ago (1 children)
[–] [email protected] 14 points 7 hours ago (1 children)

Yep. It's giving some flashbacks to 2008 financial crisis. It'll take some time, maybe years, before everything recovers. And that's if Trump isn't doing his best to make it worse.

[–] [email protected] 0 points 6 hours ago (1 children)

Its recovering and I dont know why. I dont see anything that changed fundamentally. Am I missing something?

[–] [email protected] 6 points 6 hours ago* (last edited 6 hours ago)

Rumour going around the tariffs would be delayed 90 days gave positive vibes. That rumour is already discredited though.

[–] [email protected] 14 points 10 hours ago

Soon we’ll be red and dead

[–] [email protected] 11 points 10 hours ago (1 children)

Stupid COMMIES that's GOOD!

-Free Thinking Republicans who Voted for Jenius Bisnissman Trump!

[–] [email protected] 3 points 9 hours ago* (last edited 8 hours ago) (1 children)

it IS good. just not for the US.

for china and the third world, though....

[–] [email protected] 3 points 9 hours ago (1 children)

Sad thing is is not good for the third world now but it will get worse before you it gets better

[–] [email protected] 1 points 9 hours ago* (last edited 8 hours ago)

what do you mean? the empire keeping us down is dying.

our forced dependency on it will make for a rough while, then we are literally free to develop for the first time in maybe a century.

that is if the us doesnt start nuking everything out of spite.