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Youngcoach123

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Everything posted by Youngcoach123

  1. Let’s not forget that 5.5 million out of those 5.5 million jobs, they were all illegals who took them.
  2. Are you going to back the Ponzi scheme comment? I’m not going down any rabbit hole with you on anything else til then. No point.
  3. The wealthiest people I know use the banks money and not their own. I am low on investment incomes which is fine by me. But there is something to be said about people who make tons of money by leveraging the banks money for assets that pay for themselves. Requires a ton of discipline, some risk and sound decisions. 40 years of banking stability has made a lot of people rich. Due to government regulations the banks terms that the wealthy get are not the same that a guy starting out would get. Another way that our government has hamstringed our growth as an economy.
  4. Capitalism is a Ponzi scheme? Idiotic for sure. You wouldn’t repot assets that you financed for someone? How would you plan on making money on your money if you loaned it to someone?
  5. 1. Your first line is the most idiotic thing you’ve said. Ever. 2. don’t take the loan. The banks make money off of loans. No one takes the loans no banks make money. The wealthiest people I know leveraged banks to the fullest in real estate and made a fortune doing it. As did the banks. People’s bad fortunes or bad money management doesn’t make banks bad. Or capitalism for that matter. 3. if you owner finance something for someone and they stopped paying you, you would repot the asset just the same as the bank.
  6. Kat Williams said a bunch of stuff about him in January. First I had heard of it
  7. Yea I’m in it. Sitting in a respectable 13th
  8. All the mob boss comments about Trump and Biden is actually shaking US companies down.
  9. The people most happy,(large companies) are the ones who had massive levels of debt for cheap rates. Their asset is now 500% more valuable than it was originally and they only owe a fraction of the price with next to nothing interest rates.
  10. A rate cut will not help him. A rate cut will ensure inflation goes back up though. The cost of everyday things from start to finish of the time Biden is in office will be staggering when compared to any other four year span
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