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|User Info||The Consumer Is Strong!; entered at 2023-09-12 09:43:09|
Registered: 2016-02-11 Pacific Northwest
Welcome to hell-- maybe hell for some, but opportunity for others. |
I remember the late Richard Russell writing how his dad bought a downtown office building for pennies on the dollar sometime after 1929. Same for cars or what have you. I think our host said as much during his biz ventures in the 90's. People that aren't leveraged have buying opps when the inevitable downturn comes.
The dangerous part of any future depression is political-- dem fascists and millions of imported socialists always double down on their insane economic fantasies.