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Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.

“OMG We’re about to lose EVERYTHING!

doogiedoogie Member Posts: 15,072
in Tug Tavern
Thanks to the Wuhan Flu!

-or- “Leverage Bites Rookie noobs in the Ass”

https://www.zerohedge.com/personal-finance/holy-god-were-about-lose-everything-pandemic-crushes-overleveraged-airbnb
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Comments

  • PurpleThrobberPurpleThrobber Member Posts: 44,779 Standard Supporter
    edited April 2020
    MikeDamone said:

    They should stop being so self centered and quit putting profits over people

    Was all this homeless bullshit just the walk up song for running the big con?

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  • RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 107,544 Founders Club
    MikeDamone said:

    They should stop being so self centered and quit putting profits over people

    Pelosi just said a guaranteed minimum wage is the answer to the Vid
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  • doogiedoogie Member Posts: 15,072
    AirBBbailoutbrah, true?
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  • RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 107,544 Founders Club
    creepycoug said:

    I feel nothing for these people. You gamble and you take the risk; sometimes you're going to lose. That's the name of the game. If there were no risk for losing, there'd be no reward for wining. Everybody would do the same thing.

    Fuck 'em. Let their stupid lenders foreclose and they can all eat shit. I didn't do it; don't make me pay to help them out of a jam. Nobody every helped me (or had to), because I've lived within my means.

    I remember and obnoxious real estate agent acquaintance telling me I was too conservative. This under-educated bitch from Queens had all the answers, until she didn't.

    She and her Boeing engineer husband (who doesn't make shit btw) thought they had things figured out and bought up and spent close to 200k on upgrades alone before the market hit 'em. And then the divorce.

    I can count on one fucking hand the number of people whose opinions I respect and seek out. Most people are stupid. That's just reality.

    When the flippers over leveraged in the 05 to 07 era they brought the world down with them. Mortgage securities. Toxic waste.

    I'm sure that couldn't happen again and if it does the banks will be made whole and Airbnb dude will get bad credit for 7 years.

    Experts say
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  • RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 107,544 Founders Club
    There actually is a curve of foreclosures that will overwhelm the system


    We've been there. Cash will be king for the fire sale of assets that is coming

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  • UW_Doog_BotUW_Doog_Bot Member, Swaye's Wigwam Posts: 16,144 Swaye's Wigwam
    creepycoug said:

    I feel nothing for these people. You gamble and you take the risk; sometimes you're going to lose. That's the name of the game. If there were no risk for losing, there'd be no reward for wining. Everybody would do the same thing.

    Fuck 'em. Let their stupid lenders foreclose and they can all eat shit. I didn't do it; don't make me pay to help them out of a jam. Nobody every helped me (or had to), because I've lived within my means.

    I remember and obnoxious real estate agent acquaintance telling me I was too conservative. This under-educated bitch from Queens had all the answers, until she didn't.

    She and her Boeing engineer husband (who doesn't make shit btw) thought they had things figured out and bought up and spent close to 200k on upgrades alone before the market hit 'em. And then the divorce.

    I can count on one fucking hand the number of people whose opinions I respect and seek out. Most people are stupid. That's just reality.


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  • HHuskyHHusky Member Posts: 21,590
    RaceBannon said:

    There actually is a curve of foreclosures that will overwhelm the system


    We've been there. Cash will be king for the fire sale of assets that is coming

    Yes please.
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  • RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 107,544 Founders Club
    HHusky said:

    RaceBannon said:

    There actually is a curve of foreclosures that will overwhelm the system


    We've been there. Cash will be king for the fire sale of assets that is coming

    Yes please.
    And there it is. What a humanitarian
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  • MikeDamoneMikeDamone Member Posts: 37,781
    edited April 2020
    creepycoug said:

    I feel nothing for these people. You gamble and you take the risk; sometimes you're going to lose. That's the name of the game. If there were no risk for losing, there'd be no reward for wining. Everybody would do the same thing.

    Fuck 'em. Let their stupid lenders foreclose and they can all eat shit. I didn't do it; don't make me pay to help them out of a jam. Nobody every helped me (or had to), because I've lived within my means.

    I remember and obnoxious real estate agent acquaintance telling me I was too conservative. This under-educated bitch from Queens had all the answers, until she didn't.

    She and her Boeing engineer husband (who doesn't make shit btw) thought they had things figured out and bought up and spent close to 200k on upgrades alone before the market hit 'em. And then the divorce.

    I can count on one fucking hand the number of people whose opinions I respect and seek out. Most people are stupid. That's just reality.

    creepycoug said:

    I feel nothing for these people. You gamble and you take the risk; sometimes you're going to lose. That's the name of the game. If there were no risk for losing, there'd be no reward for wining. Everybody would do the same thing.

    Fuck 'em. Let their stupid lenders foreclose and they can all eat shit. I didn't do it; don't make me pay to help them out of a jam. Nobody every helped me (or had to), because I've lived within my means.

    I remember and obnoxious real estate agent acquaintance telling me I was too conservative. This under-educated bitch from Queens had all the answers, until she didn't.

    She and her Boeing engineer husband (who doesn't make shit btw) thought they had things figured out and bought up and spent close to 200k on upgrades alone before the market hit 'em. And then the divorce.

    I can count on one fucking hand the number of people whose opinions I respect and seek out. Most people are stupid. That's just reality.

    I tend to agree in normal times and markets. But this is caused solely by government overreach “following science and data”. This the “science and data” is only medical scope and data and it’s proven to be flawed enough that it shouldn’t be blindly followed. There is other non medical science and data that doesn’t get a seat at the table.


    I will also add, most people are stupid....and they vote.
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  • HHuskyHHusky Member Posts: 21,590
    RaceBannon said:

    HHusky said:

    RaceBannon said:

    There actually is a curve of foreclosures that will overwhelm the system


    We've been there. Cash will be king for the fire sale of assets that is coming

    Yes please.
    And there it is. What a humanitarian
    Your point?
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  • RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 107,544 Founders Club
    HHusky said:

    RaceBannon said:

    HHusky said:

    RaceBannon said:

    There actually is a curve of foreclosures that will overwhelm the system


    We've been there. Cash will be king for the fire sale of assets that is coming

    Yes please.
    And there it is. What a humanitarian
    Your point?
    That you're a piece of shit

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  • HHuskyHHusky Member Posts: 21,590
    RaceBannon said:

    HHusky said:

    RaceBannon said:

    HHusky said:

    RaceBannon said:

    There actually is a curve of foreclosures that will overwhelm the system


    We've been there. Cash will be king for the fire sale of assets that is coming

    Yes please.
    And there it is. What a humanitarian
    Your point?
    That you're a piece of shit

    But rich.
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  • HHuskyHHusky Member Posts: 21,590
    MikeDamone said:

    HHusky said:

    RaceBannon said:

    HHusky said:

    RaceBannon said:

    HHusky said:

    RaceBannon said:

    There actually is a curve of foreclosures that will overwhelm the system


    We've been there. Cash will be king for the fire sale of assets that is coming

    Yes please.
    And there it is. What a humanitarian
    Your point?
    That you're a piece of shit

    But rich.
    You and Hondo are internet rich
    Who had 5 minutes in the when will Damone take the bait pool?
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  • HHuskyHHusky Member Posts: 21,590
    edited April 2020
    MikeDamone said:

    HHusky said:

    MikeDamone said:

    HHusky said:

    RaceBannon said:

    HHusky said:

    RaceBannon said:

    HHusky said:

    RaceBannon said:

    There actually is a curve of foreclosures that will overwhelm the system


    We've been there. Cash will be king for the fire sale of assets that is coming

    Yes please.
    And there it is. What a humanitarian
    Your point?
    That you're a piece of shit

    But rich.
    You and Hondo are internet rich
    Who had 5 minutes in the when will Damone take the bait pool?
    Another page from the Hondo play book when you say something stupid. "I was baiting".

    No. You weren't. You're covering for saying something stupid.
    Madam, I was thinking of you precisely when I said it. I don't care whether you believe that. I wasn't particularly impressed with your response, and certainly I wasn't devastated.
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  • Pitchfork51Pitchfork51 Member Posts: 27,068
    creepycoug said:

    I feel nothing for these people. You gamble and you take the risk; sometimes you're going to lose. That's the name of the game. If there were no risk for losing, there'd be no reward for wining. Everybody would do the same thing.

    Fuck 'em. Let their stupid lenders foreclose and they can all eat shit. I didn't do it; don't make me pay to help them out of a jam. Nobody every helped me (or had to), because I've lived within my means.

    I remember and obnoxious real estate agent acquaintance telling me I was too conservative. This under-educated bitch from Queens had all the answers, until she didn't.

    She and her Boeing engineer husband (who doesn't make shit btw) thought they had things figured out and bought up and spent close to 200k on upgrades alone before the market hit 'em. And then the divorce.

    I can count on one fucking hand the number of people whose opinions I respect and seek out. Most people are stupid. That's just reality.

    Appreciate you!
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  • MikeDamoneMikeDamone Member Posts: 37,781
    edited April 2020
    HHusky said:

    MikeDamone said:

    HHusky said:

    MikeDamone said:

    HHusky said:

    RaceBannon said:

    HHusky said:

    RaceBannon said:

    HHusky said:

    RaceBannon said:

    There actually is a curve of foreclosures that will overwhelm the system


    We've been there. Cash will be king for the fire sale of assets that is coming

    Yes please.
    And there it is. What a humanitarian
    Your point?
    That you're a piece of shit

    But rich.
    You and Hondo are internet rich
    Who had 5 minutes in the when will Damone take the bait pool?
    Another page from the Hondo play book when you say something stupid. "I was baiting".

    No. You weren't. You're covering for saying something stupid.
    Madam, I was thinking of you precisely when I said it. I don't care whether you believe that. I wasn't particularly impressed with your response, and certainly I wasn't devastated.
    I doubt that. You’re Hondo lite. Typical response when you realize what you said was stupid.

    And you care. If you didn’t care you wouldn’t have responded. Oh, you care.
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