How quaint the origin

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How quaint the origin

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2024 Sep 22, 11:01am 50 views 5 comments

by stereotomy ➕follow (0) 💰tip ignore

Back in the earliest days of what would become PatNet, we worried about the housing bubble.

Full disclosure - I was a lurker here since about 2007. It convinced me to not buy a house, and I'm still renting. Kept my powder dry and I've got the liquid asset stockpile - not enough yet, but I was a late starter.

Now, we have more things to worry about:

WWIII
Demographic collapse
Golohomoho

How many of you ever even imagined it would potentially get this bad?

Comments 1 - 5 of 5 Search these comments

Ceffer 2024 Sep 22, 11:44am

Just to cheer you up, it's supposed to get a lot worse before it gets better. Maybe not yams and face on the barbie bad, but bad.

Gird your loins. The Pandora's Box of spring loaded terrors is here.

Patrick 2024 Sep 22, 12:01pm

Yes, there still needs to be some kind of reckoning for the excessive debt created during the housing bubble and the printing during the scamdemic.

stereotomy 2024 Sep 22, 12:42pm

Thanks @Patick - the contrarian route is the road least traveled, and potentially more difficult. My most contrarian bets have fortunately reaped the most rewards. The Fourth Turning is upon us. Let's hope we and our families are all safe and prepared.

Tenpoundbass 2024 Sep 22, 3:03pm

I was once chastised by Patrick, for being too confrontational concluding every debate with the Patnet Liberals by calling them commies.
I don't think he would have sent that email today in context to the same discussions.

Tenpoundbass 2024 Sep 22, 3:12pm

patrick.net

How quaint the origin

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