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Grim Affiliations
Michael Bordenaro
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Comments by "Grim Affiliations" (@grimaffiliations3671) on "Michael Bordenaro" channel.
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Malls aren't a thing anymore, everyone shops online. They should turn them into housing to address the housing shortage
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They're finally ending single family mandates here in MA. This should massively increase housing supply which will increase affordability. No more government meddling with our property rights
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To be honest these CEOs have been making stark predictions for the past 4 years. Anyone listening to their predictions has missed out on a fortune
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why would they not have jobs?
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do you have a concrete date for when everything is supposed to implode? Or do you just like sounding like you know any more than the next guy?
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same thing
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honestly looks way better than i thought it would
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very naïve to blame every bad thing on one party
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@phaedrus2633 paying taxes doesn't mean you don't have property rights. It just means you're paying to have your claim on that property recognized and protected by the state. You might say that you can protect it on your own, but even then, legally using violence to protect it is only allowed because of the states recognition of your ownership of that property
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@dalestoltzfus6166 Yes because without taxes, the dollar is pretty worthless. To create demand for your currency, you must force people to pay a tribute in that currency. This is what the British did in Africa. The africans weren't interested in working for british currency so the British created a "hut tax" that could only be paid in british currency. Only then did their currency become valuable. This can also be seen with Japanese invasion money, which lost all value after the Japanese stopped collecting it in taxes from conquered countries
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no other country has property taxes? ahhahaha you've clearly never left america kid
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Don't HOA's apply to single family homes too?
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What people don't get about the economy is that the 3 sectors of the economy (private sector, public sector and foreign sector) can't all be in surplus. The only way for the private sector to run a surplus (which it needs to do to stay out of recession) is to draw that surplus from one of the other sectors. And since it can't draw the surplus from the foreign sector because of our trade deficit, it must draw it from the government. So until we get rid of our trade deficit (which can't happen unless the US loses it's reserve currency status) the private sector will rely on government deficits to stay afloat and calling for a "balanced budget" is basically calling for a recession
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@PhuQuocTranIV only way to stop wealth inequality is to tax wealth
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They're not saying its your feelings, they're saying just because the economy is bad for you doesn't mean its a bad economy
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only way out is more supply
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cant get depressions in a fiat system
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almost like we've been lied to about a looming collapse by grifters
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need land value taxes
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So prices of homes, groceries and gas are coming down while growth and unemployment are still in good shape? Seems like good news to me
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Depressions don't happen in the fiat system because the government can always bail out the economy when things get bad. They don't need a gold stockpile to do so
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union strong
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@gregorysagegreene voting didn't cause covid, supply chain bottlenecks or price gouging
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why would the insurance companies want to end private car ownership?
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is that why republicans keep trying to raise the retirement age?
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@CMBBmc-jd6ur no they're up because of limited supply, so all the new inventory will be great
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@katydid2877 look at vacancy rates though, that tells you housing supply is incredibly limited. Thousands of homes won't cut it when millions are looking for jobs. We need to get rid of all these strict zoning laws
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there definitely is a housing shortage, this is evidenced by the vacancy rates
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thats why we need a land value tax. it'll take away most of the value of your house but it would lower taxes and get corporate speculators out of the market
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many businesses are also forming
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@DonalldArmentor Gold backed currencies are even worse, they're not alive at all
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need mroe supply
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not according to the fbi data, it's been coming down since 2020
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@bunnspecial Taxes don't increase, but there are more people to pay the taxes and that helps the finances of your local government. Allowing multifamily housing is the financially conservative thing to do. It also reduces prices for single family homes by absorbing housing demand. But even if it didn't have any of those benefits, i'm fundamentally against the government telling a property owner what kind of housing they can build on their land
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@funzario144 The US was a prosperous country 4 years ago? You should probably stick to talking about germany, because you obviously have no clue what was happening abroad
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thats why we need a land value tax. it'll take away most of the value of your house but it would lower taxes and get corporate speculators out of the market
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we certainly will be if he gets elected and moves forward with his tariff plan
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state will fall apart like it did in kansas
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@reaccionapr Do you have a ball park, Something you can actually be held accountable for missing? Because people have just been moving the goal posts for the past 4 years when their bold prophetic wise doom predictions amounted to nothing
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thats a good thing. If regular people have to pay unrealized gains taxes on their homes, why shouldn't bill gates have to pay unrealized gains on all his stock? It would only apply to people with 100 mill in assets
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it looked ay better than i was expecting. I was expecting the walking dead
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Bingo. This guy doesn't even know they were priced in
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Most households in the US own their home, have a retirement account, are employed, and are seeing their wages grow around 5% nominal. That's enough income growth to keep the cycle going driven by spending at current rates
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this is why i appreciate Harris' plan to allow medicare to cover in home care
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like 10 of the last recessions we've had have come under republicans
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corporations can do what they like
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aren't household net worths at like all time records?
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its because the government artificially limits housing supply with all these single family home only mandates. In Austin where they got rid of the red tape, theres a housing boom and rent prices are coming down a lot. I was offered a 300 bucks reduction. Landlords hate competing
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if taxation is theft then so if private property
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Future generations wont pay anything off. Learn how government finance works
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