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Economy

multigraincracker

(34,562 posts) Mon May 9, 2022, 10:13 AM May 2022

1

Bit coins are on sale today.

Half price from their high.

6 replies

= new reply since forum marked as read

Highlight:

Bit coins are on sale today. (Original Post) multigraincracker May 2022 OP

A lot of things are on sale today. mahatmakanejeeves May 2022 #1

Housing is another huge bubble. The impact of 5% mortgage rates, empedocles May 2022 #2

Yet corporations can still get ultra low interest loans... getagrip_already May 2022 #4

With no 30year risk to worry, as individual homeowners are liable to empedocles May 2022 #5

They should have named them Tulip coins. multigraincracker May 2022 #3

Fake currency hiding dark money Warpy May 2022 #6

mahatmakanejeeves

(62,120 posts)

1. A lot of things are on sale today.

Reply to multigraincracker (Original post)

Mon May 9, 2022, 10:22 AM

May 2022

Beat those high January prices.

empedocles

(15,751 posts)

2. Housing is another huge bubble. The impact of 5% mortgage rates,

Reply to multigraincracker (Original post)

Mon May 9, 2022, 10:34 AM

May 2022

Up from 2.8% a year ago, makes a huge difference in monthly payments - and what buyers can pay.

getagrip_already

(17,613 posts)

4. Yet corporations can still get ultra low interest loans...

Reply to empedocles (Reply #2)

Mon May 9, 2022, 11:25 AM

May 2022

To buy real estate, pretty much free money to them.

empedocles

(15,751 posts)

5. With no 30year risk to worry, as individual homeowners are liable to

Reply to getagrip_already (Reply #4)

Mon May 9, 2022, 12:22 PM

May 2022

when the mortgage goes underwater - as it often did in 2008-2009 real estate crashes.

multigraincracker

(34,562 posts)

3. They should have named them Tulip coins.

Reply to multigraincracker (Original post)

Mon May 9, 2022, 10:44 AM

May 2022

Never understood them. See some expert explain investing in them and was more confused.

Warpy

(113,131 posts)

6. Fake currency hiding dark money

Reply to multigraincracker (Original post)

Mon May 9, 2022, 10:20 PM

May 2022

for everything from corrupt USSC justices to kiddie porn seems to be locked into a boom and bust cycle.

I love to see them getting hosed. I do not love to see them profiting.

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