OT Unregulated capitalism killing the American Dream

Discussion in 'Blazers OT Forum' started by MickZagger, Jul 4, 2021.

  1. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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  2. Road Ratt

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    US Middle Class Has Least Wealth In History.

     
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  3. Road Ratt

    Road Ratt King of my own little world

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    What is a "compassionate and rewarding society" about?

     
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  4. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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  5. BLAZINGGIANTS

    BLAZINGGIANTS Well-Known Member

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    That totally sucks..... a 30-year mortgage for $200K at 8% (a reasonable mortgage interest rate in 1999) would result in a monthly payment of $1,468. At an interest rate closer to today's rates (3.2%), the monthly payment would be $865. Property and interest only, in both scenarios.

    Using these same interest rates and the above amounts of $105K and $490K, the monthly payments would be $770 (1999) versus $2,119.

    But that's why you're pretty much always advised to invest in real estate. And if you ever listened to guidance telling you otherwise, you are a fool.
     
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  6. tester551

    tester551 Well-Known Member

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    This is a direct result of the Federal Reserve warping & distorting the economy.
     
  7. Road Ratt

    Road Ratt King of my own little world

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    300+ Google And Amazon Employees Blast Big Tech For Funding War Crimes In Israel.

     
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    John Deere's EPIC Failure To Shut Down Worker Uprising.

     
  9. Road Ratt

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    Matt Stoller: How Corrupt Monopolists Inflate Prices.

     
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    Fed Chair Sold MILLIONS In Stocks Right Before Market Crash, Corruption BAKED Into The System?

     
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    How Capitalism Ruined Work.

     
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  13. barfo

    barfo triggered obsessive commie pinko Staff Member Global Moderator

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  15. SlyPokerDog

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  16. Road Ratt

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    Way To Go, Amazon!

     
  17. Road Ratt

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    The Facebook Papers: Docs Reveal Tech Giant’s Complicity in Hate, Lies & Violence Around the World.



    Facebook incites hatred around the world.
     
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  20. Road Ratt

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    How Wealth Inequality Spiraled Out of Control.

     
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