This is a really interesting read, especially about the physical handling of Gold!
(It also reminds me of a couple of films.)
That’s a shame.
A Secret Mortgage Blacklist Is Leaving Homeowners Stuck With Unsellable Condos
Fewer homes can get Fannie Mae-backed mortgages, a response to Surfside condo collapse and insurance crunch
https://www.wsj.com/finance/regulation/condo-sales-home-insurance-crisis-a921362b
I wonder if there’s a similar list for other HOA managed homes? We still haven’t sold the house in New Jersey, and aren’t even getting nibbles. It’s not a condo, but it’s in a 55+ community.
More reasons why “punishing China” will actually just hurt Americans
We just finally got a purchase offer on our house in New Jersey. The people buying it currently live in Florida. Our house in NJ is in a 55+ community, so these people are likely retirees moving back from Florida to New Jersey, and I’d bet a lot that insurance costs/availability are a big part of the reason why they’re moving.
Part of me thinks that people like Elon Musk actually want this shit to collapse. I think he thinks that people like him (super rich) will be ok regardless of what happens with climate change or the economy. That it will kill off most of the population, but leave the world for the super wealthy, and they can just live in a new Eden with robots and AI doing all the work while the super rich just live a life of leisure. Of course, I hope this doesn’t happen, but if it does, he will be in for a shock. He’ll be wandering around in rags trying to figure out how to turn the power back on, then catch a horrible disease from all the rotting corpses, and die alone. That’s assuming he survives the violence that will be inevitable in the collapse of society that happens before that. Man, maybe I’ve read and watched too much dystopian fiction.
That last part. Starving humans generally don’t quietly just die. They try very hard to stay alive, and if they can’t, to take down those they blame for their situation. This is a big chunk of why, i suspect, they are trying to pin the blame for the collapse on immigrants, minorities and LGBTQ+. Anybody but the billionaires actually responsible.
This is why footage from the town halls and gatherings organized by Bernie Sanders and AOC give me hope. The people are expressing anger against Elno and other billionaires while chanting, “Tax the rich!” In addition to being hit in the wallet, the wealthy are surprised because everyone isn’t falling for their blame game bs.
My bet is that he and his ilk will flounce first, and leave the ruins to the rabble. They’ve got private jets, mega yachts, and bunkers in remote places. 
Sure, but at some point, those remote bunkers will lose power, or water filtration, or something, and they won’t have a fucking clue how to fix it. They imagine that the AI and robots will be able to maintain everything, but they’re wrong about that.
That’s the thing. The level of collapse necessary before the uber-wealthy feel any pain will have to be Great Depression level at least. And i think we are headed that way currently. Still time to correct course, but it is getting short, and Il Douche and his acolytes have no interest in doung that. They really beluve they are insulted from the economy as a whole by their wealth, which is based on that same economy. IOW, they are idiots.
…quite sure that’s indeed the way he thinks, when he thinks. wouldn’t at all be surprised if musk referred to himself as Thanos when in his ketamine cups. (for those not up on geeky comics (i’m certainly not); “Thanos” is a Marvel comics villain, now of film, who’s schtick was to want to kill half of the population of the universe)
They think they can make money when the market goes up and make money when it goes down by shorting. And then buying up all the devalued assets.
But Musk has a problem with that cycle of grift - his Tesla stock is way overvalued. If it crashes he’s screwed. Though he’ll still be very rich by any normal person’s standards.
So many jokes I could put here!
Yeah, typos, Freudians, whatever they are, they have a tendecy to reveal inner teuths, yeah?
oh yes, so that they can then buy up as much real estate as possible. They saw the 2008 crash and realized that they’d have another opportunity with another collapse like that.
yep. But we’ve all read that Cory Doctorow short story, so… we know how a collapse would really play out for the uber-wealthy and it would not be great for them.
Robert Reich breaks down why the current regime isn’t making groceries cheaper:
