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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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30074524 No.30074524 [Reply] [Original]

WHEN IS THIS PIECE OF SHIT GOING TO CRASH?????

>> No.30075153
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30075153

>>30074524
once moratoriums are over and fed cannot prop up the economy anymore since the actual economy restarts. Shittons of renters in massive amounts of debt that haven't had a job since april and are about to get fucked when landlords demand that backlogged rent all at once. Also the current housing market is propped up and clogged by niggers buying houses to rent (MuH pAsSivE iNcOmE) and are gonna get fucked when they can't find a renter for their 2nd and 3rd properties. At the same time, builders are cranking out properties like crazy since covid trying to capitalize on the ""seller's market"" and are going to inject a whole lot of supply in the coming months, right as tons of people are going homeless or foreclosing because they can't afford one.

This is highly deflationary, however, the fed has been run by the joker for the last decade or so so who knows if they'll do nothing and let it happen or just print more money forever and hyperinflate. At the same time, in all markets there's huge amounts of positivity for reopening being "the biggest economic boost in recent history" when in actuality it's just going to release a slingshot that the fed has been desperately clinging on to and pulling back for the last year.