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-bZ-LongTrang1

-bZ- Member
Donator
Don't know if anyone else is paying attention to the market right now but Silicon Valley Bank has failed and the cause was they overextended into mortgage backed securities - which themselves are now failing.

It's 2008 all over again.

Bad news: if you have an adjustable rate mortgage with inflation riders you're about to be fucked.

Good news: If you have a secure pile of cash there's about to be a shit-ton of foreclosures hitting the market in three to six months.
 

RipeSnipe

-bZ- Member
invest in yourselves lads. if you know a trade and are working for some company, invest in tooling and become self sufficient. open that LLC and get the ball rolling. if youve been eyeing some bike or car that you know is going to go up in value over time, get it.
 

-bZ-LongTrang1

-bZ- Member
Donator
invest in yourselves lads. if you know a trade and are working for some company, invest in tooling and become self sufficient. open that LLC and get the ball rolling. if youve been eyeing some bike or car that you know is going to go up in value over time, get it.

A trade or a skill is a helluva lot more valuable than a four-to-eight year college degree where your only job will be some BS like "Diversity Officer" or crap like that.

Those idiot woketards were the first to get flushed from the tech industry in the recent rounds of layoffs.
 
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