JamesianP
Joined 4 years ago
Joined 4 years ago
Though I do think the public would be better off if they replaced the bread with lettuce or something. It seems like they're willing to do that anywhere I've gone.
As for the "gut punch" though, sounds like gastritis or something. Unless you're being metaphorical. For me, water helps when I'm fasting and stomach pains start.
And the US befriended China for important strategic reasons starting with Nixon. If they underestimated anything it was the ability of an authoritarian regime to retain power through such a period of economic growth. Middle classes tend to want western products and media. But the economic growth itself was a deliberate goal of US policy.
On the other hand there are people who can't bear to be alone at all. Which seems like a different issue.
I have seen the case where someone buys a parcel from a larger property. Then turned around and demand easement access from the neighbor on the other side who was not party to the deal, because that neighbor has better roads and is easier to cross.
Speculators do need to get burned periodically to correct bubbles though. Especially now. Making money because you bought sooner than someone else could (practically enshrined in the California constitution) is not really adding value so on average should not pay off any better than inflation.
I don't see a problem with these real estate developers that are building and managing large apartments complexes themselves. Seems like they're doing a lot to add supply at the lower end. Even if they do maintain a certain vacancy rate.
Though I can see taking whatever cash payments they got back, if it rightfully belongs to scammed customers.
Also the subway stories are probably more about general fear of whatever criminals are apparently lurking down there. It can get kind of scary in the subway when it's deserted. especially Upper Manhattan where it's so deep down. Meanwhile when I travel in developed Asian cities, it's not scary at all. Just really really crowded.
Not that I'm personally against the SEC (and other agencies) crossing into crypto and interpreting their mandate broadly, rather than being overly conservative and waiting for new laws while the scammers run wild. But in other areas these paperwork demands could be a huge burden...