🇮🇪 Over a decade of Government policy to curtail residential building, increase in population due to Ukrainian/International refugees. And hedge funds are still allowed to buy in bulk while availing of generous tax breaks, introduced by our Government. Who are basically traitors for selling out the citizens of this country. You can't compete/bid with these tentacles.
Irish Government opposition highlighting the carnage vulture funds are being allowed (and encouraged) to make in the residential market. Unsustainable.
The "bailouts" last March made me as angry as the same in 2008. I've said it before, the role of government in a "capitalist" system is that of referee. Where were the regulators last March when millions were sitting in accounts with $250K support? Who thinks the FDIC never saw this on an audit? "Accredited " investor is just another word for TBTF, if our policy is nothing more than giving other people's money away I can think of a lot more worthy people that don't have the accredited title.
Your Epstein post on X was hilarious and so was the Claudine Gay post, it's sad that people are so wound up that they can't laugh at the insanity...and don't even get the joke. We all get a hundred years, then dust...
The Pollock quote at the top is spot-on. Economists, journalists, climatologists, politicians, virtually every institution - they don't have to be right all the time, but how much better would our world be if they allowed that they could be wrong.
Those are great and I completely agree with his take on rates...this was my response to Doomberg's latest Substack:
I would add that it's been a false notion that higher rates are bad, just the opposite. Higher rates (4-6%) are just what the economic doctor ordered, and beneficial for improved capital allocation - it was lower rates that blew up the banks in March of 2023. IF rates can stay in this higher range I expect a potential long term (80's - 90's) bull market with all the accompanying benefits, including higher tax revenues to pay the higher interest expense of government debt.
The Epstein saga has the fingerprints of US, British and Israeli alphabet agencies all over it. There doesn't seem to be anything new released, just more detail.
"They are lying. We know they are lying, They know that we know they are lying" seems to apply to everything from the BLSh*t economic releases though he Ukraine venture to the Epstein saga. And on. and on... No wonder they are trying to control the internet; free speech is outing them, and it's not pretty.
Sadly, in my experience, there are still too many people who don’t see it. Worse, they don’t even ask questions or want to hear why someone would question something; they balk when presented with the possibly that maybe they are being lied to.
🇮🇪 Over a decade of Government policy to curtail residential building, increase in population due to Ukrainian/International refugees. And hedge funds are still allowed to buy in bulk while availing of generous tax breaks, introduced by our Government. Who are basically traitors for selling out the citizens of this country. You can't compete/bid with these tentacles.
https://www.msn.com/en-ie/news/other/uk-based-investment-fund-buys-46-out-of-54-houses-in-dublin-estate-for-private-rental/ar-AA1mEHCP?ocid=hpmsn&cvid=eb6a4bc87bab4998b00942d66717cca2&ei=13
Article removed from MSM today. I have posted screenshot and left on my Notes fwiw.
This gives some context to the anger of previous post.
https://www.thejournal.ie/dng-house-property-price-report-2023-6262931-Jan2024/
Found an archived version fyi
https://web.archive.org/web/20240108210948/https://www.thejournal.ie/uk-based-investment-fund-belcamp-manor-dublin-6267289-Jan2024/
Excellent, thanks Rudy.
Irish Government opposition highlighting the carnage vulture funds are being allowed (and encouraged) to make in the residential market. Unsustainable.
https://twitter.com/caulmick/status/1747749579733254583?s=19
The "bailouts" last March made me as angry as the same in 2008. I've said it before, the role of government in a "capitalist" system is that of referee. Where were the regulators last March when millions were sitting in accounts with $250K support? Who thinks the FDIC never saw this on an audit? "Accredited " investor is just another word for TBTF, if our policy is nothing more than giving other people's money away I can think of a lot more worthy people that don't have the accredited title.
Your Epstein post on X was hilarious and so was the Claudine Gay post, it's sad that people are so wound up that they can't laugh at the insanity...and don't even get the joke. We all get a hundred years, then dust...
The Pollock quote at the top is spot-on. Economists, journalists, climatologists, politicians, virtually every institution - they don't have to be right all the time, but how much better would our world be if they allowed that they could be wrong.
He has some other good quotes over the years
https://twitter.com/search?q=From%3Arudyhavenstein%20%20alex%20j.%20pollock&src=typed_query&f=live
Those are great and I completely agree with his take on rates...this was my response to Doomberg's latest Substack:
I would add that it's been a false notion that higher rates are bad, just the opposite. Higher rates (4-6%) are just what the economic doctor ordered, and beneficial for improved capital allocation - it was lower rates that blew up the banks in March of 2023. IF rates can stay in this higher range I expect a potential long term (80's - 90's) bull market with all the accompanying benefits, including higher tax revenues to pay the higher interest expense of government debt.
The Claudine Gay resignation letter is brilliant!
Your Fed threesome post was probably the funniest thing I’ve read in last week or two.
The Epstein saga has the fingerprints of US, British and Israeli alphabet agencies all over it. There doesn't seem to be anything new released, just more detail.
"They are lying. We know they are lying, They know that we know they are lying" seems to apply to everything from the BLSh*t economic releases though he Ukraine venture to the Epstein saga. And on. and on... No wonder they are trying to control the internet; free speech is outing them, and it's not pretty.
Sadly, in my experience, there are still too many people who don’t see it. Worse, they don’t even ask questions or want to hear why someone would question something; they balk when presented with the possibly that maybe they are being lied to.