Oyster Stew? Another Bad Government Idea To Fix Housing Affordability: The 50-year Mortgage (Interest Paid By Borrower Increases By 105%!)

by confoundedinterest17 Every time the government tries to make housing more affordable, they make the problem worse. Some people should rent and not fall for the governmentโ€™s latest folly, the 50-year mortgage. True, the 50-year mortgage would lower the monthly payment by several hundred dollars (see the following example where the monthly payment falls from …

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Black Swan: Saudi Arabia Will Not Be Renewing The 50-year Petrodollar Agreement With The United States.

๐—ฆ๐—ฎ๐˜‚๐—ฑ๐—ถ ๐—”๐—ฟ๐—ฎ๐—ฏ๐—ถ๐—ฎ ๐——๐—ถ๐˜๐—ฐ๐—ต๐—ฒ๐˜€ ๐—จ๐—ฆ ๐——๐—ผ๐—น๐—น๐—ฎ๐—ฟ Saudi Arabia will not be renewing the 50-year petrodollar agreement with the United States. Instead, they will be selling oil in multiple currencies, including the Chinese RMB, Euros, Yen, and Yuan. This should beโ€ฆ pic.twitter.com/SRRgKHyC3f — Shadow of Ezra (@ShadowofEzra) June 12, 2024 “Saudi Arabia will not be renewing the …

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Small Business Optimism Index hits lowest since Dec 2012, marking 3rd consecutive decline, 50th straight month below 50-year average.

The outlook for small business sales is beginning to decline, historically signaling a challenging macroeconomic environment. The Small Business Optimism Index plummeted to its lowest level in March since December 2012, marking the third consecutive decline and the 50th consecutive month below the 50-year average of 98. Small biz sales outlook starting to deteriorate… Historically …

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Commodity Prices relative to Equities are near 50-year lows

The implication is that commodity prices, compared to equities, are currently at their lowest levels in nearly 50 years. This suggests that commodities may be undervalued relative to stocks, potentially indicating a shift in market dynamics or investment trends. That's true! Also it seems end of cycle for earnings… maybe pic.twitter.com/0CufwOtldg — Guilherme Tavares (@i3_invest) …

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FTX founder faces potential 50-year sentence.

Since FTX founder Sam Bankman-Fried is about to be sentenced to up to 50 years in prison todayโ€ฆ LETโ€™S TAKE A SECOND TO REMEMBER HOW MANY POS POLITICIANS ARE STILL REFUSING TO RETURN HIS โ€œDONATIONSโ€ โš ๏ธ pic.twitter.com/b03Hueg5GH — Matt Wallace (@MattWallace888) March 28, 2024 NEW: Crypto fraudster Bankman-Fried faces sentencinghttps://t.co/HkNLPUpwsy — Insider Paper (@TheInsiderPaper) March …

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Chinese-developed nuclear battery has a 50-year lifespan

Chinese company Betavolt has announced an atomic energy battery for consumers with a touted 50-year lifespan. The Betavolt BV100 will be the first product to launch using the firmโ€™s new atomic battery technology, constructed using a nickel-63 isotope and diamond semiconductor material. Betavolt says its nuclear battery will target aerospace, AI devices, medical, MEMS systems, …

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In two decades, the War on Terror cost trillions, displaced millions, and took countless lives. President Biden’s 50-year career includes championing these interventions

“Since 9/11, America’s War on Terror has had staggering consequences: 37 million people displaced, 4.5 million lives lost, and a jaw-dropping $8 trillion price tag. US-backed wars funneled millions of refugees to the US and Europe. Over his 50-year career, President Biden championed these foreign wars and interventions. Including the contentious NATO expansion and US …

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