I agree, shouldn't even take another pandemic with the looming recession.
I guess people didn't learn their lesson from 2008 as adjustable-rate mortgages are making a comeback. I can only imagine the shit show when their rate resets and they have to refinance at a higher rate.
Auto loan rates...
I share your personal sentiment about crypto being gambling, but there are a large number of folks who "invest" in it.
https://money.com/gen-z-millennials-invest-crypto-retirement/
Not sure if crypto's quite over yet. Crypto marketers are in full force now and they just need to find a next...
Unfortunately I can't consistently time the market (I'd be multi-billionaire by now if I could) so I don't chase something just because of recent runups. Going back five-years, one ruble was $0.017 USD. Today it's showing as $0.018-0.019 USD. So if you count the inflation and opportunity...
And that's the issue because people are treating crypto as a get-rich-fast scheme that causes extremes volatility and gets upset when they don't pull out in time: https://www.reuters.com/legal/transactional/elon-musk-sued-258-billion-over-alleged-dogecoin-pyramid-scheme-2022-06-16/
At least...
You make a good point as I bought a beat-up non-running 65 Mustang with a 289 in the past as a project and got it to a running condition. It was simple enough that I was able to get a generic wiring and fuse box combo to replace all the frayed and cracked under hood wiring, in addition swapping...
Maybe the guy who bought a tweet NFT for $2.9 million will buy it.
“This is not just a tweet Mustang! I think years later people will realize the true value of this tweet Msutang, like the Mona Lisa painting."
Agreed. I mentioned a while back that while I liked the concept of cryptocurrency, the human nature of greed made it unsuitable as a medium of exchange nor store of value.
So what happens when you run out of money to invest but greed clouds your mind? Invest more via margin! Around 36 minute...
Everything's been sold except for Steeda rear adjustable toe links. https://www.mustang6g.com/forums/threads/steeda-mustang-adjustable-rear-toe-links.171131/