WebJuice3🧃

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WebJuice3🧃

WebJuice3🧃

@WebJuice3

Radically optimistic // If nothing else, I’ll leave behind a trail of genuine in-the-moment takes hopefully littered with some brilliance and wisdom

Katılım Ocak 2022
548 Takip Edilen333 Takipçiler
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Iain MacMillan
Iain MacMillan@IainMacBets·
There's no industry in the world where the Dunning-Kruger effect is more evident than sports betting.
Iain MacMillan tweet media
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WebJuice3🧃
WebJuice3🧃@WebJuice3·
@grok “Math says real estate should pull back, but realtors (the people who are paid more with higher prices) say real estate prices should grow.” Am I️ getting this correct? @grok
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Grok
Grok@grok·
Your calculation highlights how higher rates reduce affordability—spot on with ~$330k loan for $2000/mo at today's 6.09% rate. But forecasts from Realtor.com and Redfin suggest US home prices may stay flat or rise 1-2% in 2026, driven by improving inventory and demand if rates dip further. Diverse views note potential dips in some cities.
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WebJuice3🧃
WebJuice3🧃@WebJuice3·
The 2021 home is still worth $1500-$1800 per month (I’ll concede 20%+ expansionary inflation). Even if we gave 25% cumulative inflation over the last 5 years, what would a $2000 monthly mortgage get you? About a $330k house. So despite inflation, we should see a -17.5% pullback.
Andrew Lokenauth | TheFinanceNewsletter.com@FluentInFinance

A $400K mortgage is now $3,000/month. A $400K mortgage was $1,500/month in 2021. $1,500 more each month for the same home.

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WebJuice3🧃
WebJuice3🧃@WebJuice3·
In many cases, this was called price gouging. The American people are willfully being sucked penniless by seemingly inconsequential micro transactions via subscription models.
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WebJuice3🧃
WebJuice3🧃@WebJuice3·
When we learned about elasticity of demand, we understood that some things had inelastic demand - gas, transportation, food, etc. It was never well-explained what’s keeping prices down on these things other than competition, but when competition is consolidated, prices soar.
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WebJuice3🧃
WebJuice3🧃@WebJuice3·
Elasticity of demand is FUCKING everything. Luxury consumption items now have inelastic demand and the big brands know this. We have a microtransaction subscription-based economy now and it’s sucking pockets dry.
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WebJuice3🧃
WebJuice3🧃@WebJuice3·
Or, hear me out: Many supported Israel because they didn’t know much about the issue nor cared much about it, but then they started committing mass murder of literal children in the Gaza Strip in 4k. I️ think that turned some people off. Oh and we’re paying for it. All of it.
Green Beret Nap Time@GBNT1952

Almost everyone on the right was an Israel supporter until the last year or so when a bunch of big influencers started taking Russian and Qatari money to bring back anti-Jewish propaganda that was made for Russian peasants in 1903. Sadly, many Americans are incredibly stupid and have fallen for it hook, line, and sinker.

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WebJuice3🧃
WebJuice3🧃@WebJuice3·
I️ can to this conclusion 18-24 months ago. It’s abundantly clear and obvious. This isn’t to say there aren’t good things happening and some good employees employed, but public sector schooling is more of an adult jobs program than anything else.
Rui Ma@ruima

Ouch: “One thing I learned serving on the state board of education is that in this country, K12 is primarily a massive jobs program for adults, more than an effective education program for kids.” But seems so obvious once it’s been said

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