More Than Expected

Cancer cases are rising, which in a society that wants facts for reference would lead to hard questions, and honest discussion. What caused this? Is there something we should be addressing? How can we avoid this in the future? 

With all the questions about the jab, the misdirection by authorities, censoring by the media, and unwillingness by to many to look further than propaganda, a possible large scale mortality event may be just starting. Hopefully not, but with all the other strange deaths, and the abnormal blood found by coroners, something introduced into the bodies of millions is showing undesirable results. Those that took the "vaccine" may need to get their documents in order, and write an advance medical directive to insure the experimentation doesn't carry on with their corpse. 

This May Be a Deal Breaker

 Air conditioning components may be hard to find due to the supply chain debacle. Place "air conditioner shortage" in a search engine, and you'll find information about the shortage in 2021, which if the supply chain problem is only getting worse, may mean some uncomfortable days for many. 

That's what's needed. Angry people, a lack of air conditioning, and a mid-term election in the Fall. I have a feeling this won't go well for those that either contributed, or ignored the problem. Of course, the finger pointing will never be toward the cause. Hopefully, enough people pull their heads from the sand to understand where the problem arose.

Philosophical Navel Gazing

 I watched the Trump Rally. That, and watched how the huge crowd was being panned before the speech. Considering the tens of thousands there, the 30 mile traffic jam trying to go to the rally, and the reaction to his speech, the navel gazing by so many shows an inability to realize how fast crap can hit the fan.

 People are furious, are gathering to show their disdain, and it won't take much before all efforts to stop them from their goal will be impossible. To make things worse for the detractors, they're far outnumbered, and completely dependent on those they try to ignore.

Real Estate Bubbling

I'm amazed what people will pay for real estate. Some of it, and this is only my opinion, is the market allowing inflated prices to accommodate those fleeing from areas that aren't economical, or crime ridden. Many of those areas had real estate already over priced. If the seller could get out before the prices fell, they had more than enough money to places with a more realistic market. Agents with opportunities took advantage, bargained for higher prices, and laughed on their way to the bank.

Another thing that created the bubble in real estate is the extremely low interest rates on mortgages. Spread it out enough, and a homeowner can squeeze the cost into their budget. With some, it's a gamble, and a burp in their finances can lead to foreclosure. 

The high prices led to many new apartment complexes in my area. Many apartments are below mortgage costs, and some people are forced to lease, or rent. To an investor, and some are foreign investors, a good amount of renters can lead to equity that amounts to a long term profit. Even if the investment doesn't reap a big profit, the real estate selling price will probably stay above inflation. With other investment opportunities, and a buyer, moving the money into a less maintenance investment is a win. Without a buyer, to cut costs, maintenance may be where the cuts are, and those renting may have problems that take a long time to be resolved.  

Regardless of what's driving the market, the current drops in the market may be the harbinger of a bursting bubble. There are only so many people willing to buy high real estate prices, and any rise in prime lending rates may nearly shut the market down. Some, if not many, may find their home well below the new market value, and if they have to sell, they may not only be underwater in equity, they may have a white-elephant that will never again reach the price they paid. 

I think many don't realize the effect of over priced real estate. In areas with smaller banks, foolish bankers can lead to economic hardship for the banks, which affects those that use the bank. That, and if the bank is sold, they may find their money is now controlled by those that can give a rodent's fanny about the personal finances of small town Americans. Larger banks have employees that have no authority but to follow the rules, and ignore the inconveniences they cause. Where there was once a banker willing to lend money due to their knowledge of that person, that person is now only a number, and inconsequential in the big picture of large banks.

I've seen this before. The sub-prime fiasco was probably the best example of how ridiculous the real estate market can become. How this one turns out is to be seen, but with the current economy, it could be really bad. I hope not, but in my opinion, it's unsustainable.

It's Been Two Years

In two years, I don't know anyone that had the flu, or a cold. I do know people that tested positive for Covid, had symptoms of the flu, and the common cold, but nobody that was diagnosed with either. While I believe there can be coincidences,  the odds say such an event is as isolated as being hit in the head with a bolt from a satellite.