Comments by "" (@gezenews) on "Japan is PLUNGING and it’s Spreading to the Rest of the World" video.

The producers are fine. It's the consumers. American consumers.
5
@enthused7591 Funny those statistics all sound a lot more believable than the shit they're peddling over here. Our employment numbers are somehow off 100k every month, and then revised down an extra 800k all at once, and native born participation is down to 60%. It's just as bad here, nobody is talking about it.
3
@enthused7591 Yes but those 3rd world markets are dependent on healthy consumers in the west. That is the only reason they are doing badly. They essentially sold out and accepted manufacturing and H1B type of income, and now are surprised the people they attempted to replace aren't buying their products. It entirely a US and EU centered problem. We're in control but the managerial class got tired of paying fair wages.
2
@enthused7591 August data just came in on Florida's active listing count. It's down from July. Still down 15k from 2019 high. Matching 2017 high. Living there really has nothing to do with it. It's about data. I wish it was worse than it was, so I could afford a house. But like i said it's not exploding in the way i would like. It's hitting a ceiling.
2
@Peaches-i2i The bad sign was when your children were replaced to cover the exploding inflation. Everything happening in China is downstream.
1
@Peaches-i2i they are downstream from the consumer. The bigger more terrifying problem is largest consumer base having no money.
1
@enthused7591 Yeah I just feel a bit concerned about the results of this not showing sooner. The dam isn't really breaking. In Florida inventory and time to sell is going up but still below the mean from before the pandemic. Too much demand from the fact that the state didn't close down during covid.
1
@enthused7591 Yes I would agree with most of that. The inventory numbers correct when median price decreases, and it is. The ceiling you see in 2019 for inventory is really more like a gauge for selling tolerance. So we hit the ceiling and are seeing the drop. The only thing I'm disagreeing with you on is that the indicators for Florida mean much compared to the other 49 states. It's very hard to tell what's going on when you are talking about the state with the most amount of people migrating, and a large portion of that surge being for political reasons. ~100,000 inventory means nothing when 400,000 more people move in a single year.
1
 @cherylpringle3397 they have the benefit of Japanese companies hiring Japanese workers.
1