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Louis Rossmann
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Comments by "" (@jmitterii2) on "Louis Rossmann" channel.
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Always thought NYC was dirties of the cities back east. From Idaho... born early 80's. NYC has always been kind of crusty... got cleaned up, but became extremely overpriced "gentrification". Like everywhere even in here in Boise. Every place is becoming this way. It's a rot from financialization.
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Homes in Idaho are now selling for quarter million to half a million some cases a full million. Median HOUSEHOLD income is $36K to $46K People have literally taken to living in RVs... like campers... or their cars. Because investment brokers have bought up houses. And despite rules of max unit purchases over a year or decade or region, they get around it by using other persons name and throwing a few bucks at them for letting them do it to buy more units than these entities legally can. This system is utter fucked. Everywhere. To sea to shinning sea. America the failing empire. I have plans to perm move to Germany. Love that place. While they have problems, they have far fewer than we do.
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Gentrification at its finest. It's rot has wrought empty cities and towns even in Idaho to Oregon to Cleveland rust belt area to Oklahoma to Tennessee. Everywhere. Financialization idiocy. This is why giving large sums of funny money to the banks to keep them solvent wasn't the smartest way to resolve their insolvency... should have done what Iceland did and take all the banking sector over outright. Then redo all loans including student loans, auto loans, mortgages etc. essentially the prices people borrowed and paid were beyond affordable. To keep them in the homes, the principle amounts could have been rewritten. Additionally, those who recently paid off loans could have their loan reviewed and if market prices were absurdly out of wack, they could have gotten some return in excess payments. You know, bail out America, not some oligarchs' piggy banks. And get this: hustle buzzword gentrification (always reminds me of some shitheads wearing 18th century powdered wigs and monocles etc.) nincompoop bullshit fuck fest idiocy moronic do a bunch more lending to become insolvent again nonsense. This time the Fed Reserve literally bought a bunch of corporate debt from Walmart's to Verizon to various airlines... even Berkshire Hathaway got some love from daddy make it rain for robberbarons Powell.
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Looks like even the plutocrats will be stuck with only a Wally World or the variety pick an name Kroger's various box stores or Amazon to shop at. Luxury Costco might remain for a while. Then after Amazon and Wally world will merge, change its name to Amall... or maybe Walzon. Walzon. Sounds Bezos had a kid and came out some fucked up alien or demon child. Expression, going to the store, will be literal. Will only be one.
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Sad that we've recreated the completely disconnected nobility and royalty like class of plutocrats, that you have to remind them to be nice. Or point to a Louise the 16th painting of his head being shown the crowds.
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