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Comments by "" (@badluck5647) on "CNBC" channel.
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Aka Democrats and their real estate billionaire doners are the issue
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@michaelc1063 Except the price of rent is going up too.
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@28ebdh3udnav Ignorance and denial. The worst part is that they flee to conservative states, and then vote for the same ideology that turned their former home into a dumpster fire.
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@2311ification That is only bad for people who bought the houses at inflated 2020/2021 prices. Everyone who bought it at a fair market price will still have a fair market price house.
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I worked at Kroger for 5 years, and theft and shoplifting was a huge problem in low income neighborhoods. As the government shrinks food stamps, the store income shrinks, while security expenses rise. (Looting and arson are so rare that any comment about it is likely dog whistle racism).
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@michaelc1063 "No inflation crisis"? Tell that to my grocery and gas bills.
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@jaybrown6350 Except the supply is kept artificially low by Democrat lawmakers who use red tape and zoning to prevent the building of apartments, condos, and multi-plexs. This is sololy for the benefit of the Democrats' wealthy donors who have the price of their land go up as everyone else suffers from lack of affordable housing.
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@28ebdh3udnav "Socialism with Californian Characteristics"
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@michaelc1063 The wage increases aren't covering Biden's inflation crisis.
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If more people use electric vehicles, then the price of lithium will go up, and then we will complain lithium is too expensive to build cars.
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@ramonlao1435 Foreign companies like China, because they are a relatively good business market. When they start forcing companies to start to use their worthless currency, business are going to start moving to countries like Vietnam.
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@ramonlao1435 You clearly don't know anything about international trade. Currency swaps are a key aspect of international businesses. For example, most companies right now refuse to do business with the Turkish Lira, because they zero confidence that their leader won't destabilize it. They require Turkish business trade their currency for dollars for purchases (something Russia can't do anymore due sanctions). In addition, China's monitoring and direct control over the currency would put a business financial well-being in the hands of an impulsive authoritarian. Something few investors would be keen for their corporations to risk.
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What about people who can't afford a car?
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@michaelc1063 Pointing out that was a less than 2% inflation in previous years has nothing to do with a 5% to 6% inflation rate cause by Biden printing money and paying people not to work. Supply and Demand lesson: *You increase the amount of money supply, then the value of each dollar decreases. *You pay people to not work, then the supply of workers decreases, so you have to pay them more. This cost is passed onto the consumer in the form of higher prices. *You restrict the supply of oil and gas without addressing demand, then the prices goes up.
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According to constitution, foreigners can't own land near the coast or in Mexico City, so it seems like all this wealth goes into the pockets of Mexicans.
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Easy credit has made the Mercedes a lot less prestigious. The people who tend to own them seem to sacrifice having savings for a status symbol. You don't want your brand to be associated with stuck up, yet unsuccessful individuals. For proof, just look at the comment section to see all the people getting so defensive of their status symbol.
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"Californication" is a dirty word in Texas
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Let's go Brandon
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Pepsi needs to replace their navy
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Teachers get a crazy amount of time off and they get to retire with a pension in their 50s. You calculate their salary and benefits into hourly terms, then they making a huge amount amount money for work they can't be fired from for poor performance. Also, education degrees are known to be the easiest to get in college.
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I'm glad this isn't another crypto pitch.
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They said the same thing about the Euro supplanting the dollar 20 years ago. Also, no one outside of China is going to want a digital currency that is tracked and controlled by the Chinese Communist Party.
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Tell that to the Russian troops in Georgia, Moldova, and Ukraine.
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Let's go Brandon
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Just buy used.
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Didn't Japan surrender after bombings? Didn't sanctions bring Iran to the table?
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@toshivibe A ) LNG from the US isn't really an option for the EU, because there are few facilities that can facilitate those shipments and the EU climate initiatives would make it difficult to build any long term fossil fuel infrastructure. B ) Putin has weaponized gas shipments multiple times. Over dependency on Russian energy will result in following Putin's demands or huge fluctuations in prices when Putin reduces gas shipments like last winter. Of course, Russian trolls like the idea of their Czar having so much leverage over the EU. C ) Russia isn't a very attractive market. Corruption and political uncertainty make investments too risky. There also isn't much of a middle class to sell to. Most of the country's wealth is in the hands of Putin's oligarchic friends who then smuggle their wealth outside the country.
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Because living in California 🤮
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What are you talking about? Before 2020, when was the last time arson and looting happened. Hurricane Katrina?
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@lutaayam China controls almost all the banks, so they don't tend to loan to entrepreneur, so people have been relying on outside parties in what is called Shadow Banking. This is a horrible alternative with little regulation, little oversight, fraud, and dangerously risky loans. Trust me. Private banks are preferable even if they are flawed.
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@WycliffStudios Let's go Brandon
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You don't know what you are talking about. Competition is so heavy between "fill of stomach" that no company can unilaterally increase the prices. If any brands get too expensive, then people will just shift to competitors or Walmart brands.
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@samuelthompson8080 You know S&P 500 grows on average of 8%/year? Even a high 3% inflation isn't going to make your investments disappear. Also, everyone wants to do a rent hack with a duplex, while few wants to build or rent one. This has inflated the price of the properties and has made the investment less attractive than the financial influencers would have you believe. Investing in crypto can make you a lot of money, but so can betting at the racetrack. I wouldn't gamble an amount that you aren't comfortable having disappear.
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I wouldn't simplify addiction issues as "poor decisions".
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