Comments by "BrickTop" (@bricktop7803) on "Interest Rates Go WONKY as Mortgage Backed Securities Get HAMMERED (Housing Market PAIN Inevitable)" video.
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I dont understand why they roll these 2 imbeciles out every time, Munger an the other guy Berkshire.
I have a cousin just like him. My cousin too, has scrimped every penny his whole life and has amassed a sizeable stash of cash.
But like the other 2...they have never lived.
Mungers buddy is driving about in a 450 year old car or something.... lived in the same house for 80 years or however old they are.
Just like my cousin, they have not spent the time to enjoy their lives. Its all about having so many perceived digits on their portfolio.
They digits go up and down and it is meaningless.
That is there thing.....making digits go up and they have a sense of achievement. It is a false sense.
Gates done the right thing and spent all his cash on worthy enterprises to help ALL mankind.....
These 2 jokers just count coins. Oh and also get their faces in the media, just to bask in their own mediocrity. I am pretty sure their real names
are Statler and Waldorf....
would I like to be in their shoes....nope.....they are just like my cousin. What a waste of skin.
A shroud has no pockets.
The incumbent Govt is trying to reset the US economy, wages are too high and the banking sector needs restructured to remove the otiose small and medium loss making institutions before they crash the bigger banks.
The US economy and the so-called American Dream exists on the ability to buy your own property. The US economy is going to have a short sharp pain to get property prices, and wages down. The construction and banking sectors will take a huge hit.
But like EVERY cycle, it will start up again, and resurrect the American dream ( we see it as the American nightmare, but you guys fall for it every time).
The Govt, it doesn't matter RED or BLUE is trying to manage this cycle, and they have a scapegoat, COVID, supply chain issues, and the war with Russia.
At least Statler and Waldorf will come out of it OK.......they will have a lot more digits on their stupid portfolio.
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