Comments by "Jim my" (@chowsquid) on "CNBC" channel.

  1. Hence everyone is locked in right now. Realtors will starve
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  2.  @wemakecookie  the cnbc video you say saw said 90% of Africa doesn’t have reliable electricity. Now you want them to go all EV? 😂😂😂
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  3. It’s a crisis when real estate sector is 30% of your GDP. It affects builders and cement makers and steel makers and glass makers. Those jobs will be reduced.
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  4. Let’s just say it’s a perfect world and US cut its debt by half in combination of raising taxes and cutting spending. Where do all the money sloshing around in the world go if the US issues only half its normal bonds?
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  5. Japan and Singapore has things the world want. Those other countries has little to offer the world.
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  6. With easy forgiveness, nobody would want to loan to a student except for the gov because they can absorb the massive losses. You want forgiveness? Why don’t you lend me $10k. I’ll pay it back in 5 years. Maybe. Actually I won’t. I’ll just do that forgiveness you love. And you have a -$10k hole in your wallet. 🎉🎉😂🎉🎉
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  7. Higher risk, higher interest rates. Basic finance
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  8. It’s a vicious cycle. ||: Prices go up leads to wages going up leads to prices going up leads to wages going up leads to…. :||
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  9. Yup. Just stop all student loans all together. That should filter out lots of people going to college if they have to get scholarships or cash.
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  10. Fridge? Washer? Try roof. Pipes.
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  11. Still waiting on how these EV companies solve charging for all the apartment renters in CA. Just take an example apartment of 300 households and just give the all free EVs. Now where are they going to charge all 300 EVs?
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  12. You want to teach the bankers a lesson? Just don’t take out student loans. Or pay it off before interest accrues. Then they have nothing to buy.
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  13. Some of that debt provided highways and bridges which the next generation also gets to enjoy. Medical advancements, GPS, the Internet, etc.
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  14. 😂😂😂 1%??😂😂😂 You can’t be serious. You think you can borrow tons of money with no prospects of payback AND get better rate than someone with 800 credit score?😂
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  15. Get roommates.
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  16.  @blastofo  what you mean bro? Angry bird yo!
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  17. 3rd is buyers remorse. This years Audi EV is much better than 2 yrs ago and will be much worse than same EV 2yrs from now.
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  18. Previously, a Big Mac in my area was about 1/2 hrs wage. ~$10/hr. Now a Big Mac is around….1/2hrs wage at $15/hr. Before the pandemic a Bibimbap hot stone was $12.25. Wage ~$10/hr. Now it’s $18.99 with wage at $15/hr.
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  19.  @Daveyjonesvi ”highly educated” but knows jack about finance
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  20. My parents didn’t go to college. I was able to read the loan terms before getting the loan With skills like math and reading comprehension. It’s not rocket science
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  21. Always cash back. Never points or miles
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  22. It’s call deflation when prices fall down. Such as TV prices, computers, your house in Detroit or Ohio, etc.
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  23.  @rahulvig5298  rate of return is greater on capital than in economic growth. So those with capital will grow faster. — some French dude.
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  24. This was explained in the video. Visa in Europe was not run by Visa. It was called Visa Europe. So this is what happens when you have Europeans run your business in Europe instead of doing it yourself like MC. But visa has bought out Visa Europe as the video says and has to clean up the mess.
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  25.  @CSARVA  years of ignoring climate change from the state most likely to be heavily affected by climate change. So……
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  26. Even better, you know who help pay for those boom boom sticks? Debt buyers.
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  27. Basically how some people buy cars. At least that’s what the car salesman thinks
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  28. Or pay for it yourself with your money.
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  29. You can go ahead and buy Greece gov debt. 😂😂
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  30. Wegovy to the rescue And LEGO
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  31. Relative to GDP.
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  32. $27k now
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  33. To take advantage of the HSA, you’ll need to 1: have a High Deductible plan that works for you 2: have ready cash to pay for current medical so you can let the HSA compound 3: when you are ready, many years later, you can then use the HSA to reimburse your expenses. 4: pass the HSA onto your heirs I bet many can’t hit all those points let alone have the HSA option
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  34.  @edgare4291  not if you have all robots….just like Wall.E
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  35. They should really use public debt to gdp
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  36. Toyota is just saying the market is telling them people still prefer non BEV. If the market says 100% BEV, they’ll go there. It’s just so much hype on BEV.
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  37. Just do it already. Then report back. Since you so smart. I’m sure it’ll turn out fine.
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  38. It provides liquidity
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  39.  @maythesciencebewithyou it’s called risk premium. The higher rate is to account for defaults. You know who likely won’t default? Well funded people
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  40.  @smbinvestor  the burbs is not SF. SF is a city.
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  41.  @tindrums  which is then spends. Instead of save. So the rent she’s not paying her parents goes to shiny things 😂😂
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  42.  @H2Ojellyfish  it’s because those money never got taxed.
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  43.  @philhenderson3516  speaking of Costco, just got a rotisserie chicken for $4.99. Hotdog and soda for $1.50. Same as always.
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  44.  @bogdan78pop  the membership is the profit. It is known. They sell the rest of the stuff at cost. Except for the food court stuff of course.
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  45. It’s because they invented it. bancamericard invented and MC copied it.
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  46. Sure, but which card is going to extend you any amount of credit and organize an exit plan to get you out of a dangerous situation in a far away country?
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  47.  @zhangwei4622  why does a school need to teach you something your mom can teach you? Does school teach you how to wash your underwear?
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  48. That’s why it’s an art.
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  49.  @Norm475 except chad
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  50. Way back, some insurance company in Boston….won’t name the name….created an annuity product with the name IRA. Someone in my family bought into that thinking it’s the retirement thing people talking about. Doesn’t start paying until 75yrs old. I had him pull that out,,,,cost a lot of penalty and put his money in a proper IRA.
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