I think everyone (myself included) got complacent about Japan and China buying our bonds - hence lowering rates.
Japan is going to have to defend their currency soon, and China is having a few problems of their own. Their property market is in meltdown.
I'm not sure at this point how our property market is going to shake out, but I know the banks have been promising everyone and their uncle rates are going to go down.
I'm betting rates go up.
When I was a kid and wanted to do something stupid with my friends, my mom would always ask - "if everyone wanted to jump off a bridge would you?"
I would always say no, and thought that is what most people would say. But clearly, now I know the answer is yes to most people.
I've had the flu literally two times in my entire life, but people are getting covid 4- 8 times in two years and think it has zero impact on their bodies.
It's ruining our economy and our abilty to make new products, and nobody just even gives a fuck.
Everyone in California is sick right now. This is NOT sustainable!
I think it's a very good time to remind people there is no immunity to COVID. Not natural immunity. Not hybrid immunity. Not immunity through vaccination. NO IMMUNITY! Which I have been saying since March of 2020. But ya'll don't listen. You can literally get it 30 days after your last infection. But.... it's your health.
I could have never believed in a million years how brain dead this nation is.
I mean, I'm at peace with this now. People know how to lose weight, they just don't want to. It's the same way with COVID. People know how to stop it. They just don't want to.
