/biz/ - Business & Finance

>>52295167
>One is named "Buy", the other is named "Sell".
I get it.

>>51052186
Then there's the Tens(if not Hundreds) of Millions of people who have meme-degrees; and that's not just including Basketweaving and Genderstudies. I mean there are tons of "Professional" degrees that are either subjective with very, very little real world applications, or are bullshit scams under the guise of being super highIQ fields, but are actually just convoluted Theological studies LARPing as Science. And those "Academic Intellectuals" are unfortunately our ""elite"". Their confidence to do whatever the fuck they want exists because of some people who happened to bring success to the country, only to be screwed over and exploited by the "academic elite".
They just pretend that it's completely normal for economies and civilizations to completely collapse, because that's just the way things are. It's not normal, it's intentional negligence and malevolent trickery.

>51052140
>Foreign demand for US dollars will exist because all of the above still want to trade with the US
They won't soon. Have you heard of Agenda 2030? The Great Reset? Have you not been paying attention? They've been robbing the US for decades, and they almost own everything in the West; thanks to many Politicians and those in Financial/Administrative positions, being either backstabbing traitors, or their shortsighted incompetence, or both.

HELOC HUSTLE
>Have $200,000 Cash, $0 Mortgage, and 0x Houses
>Buy 10x $100,000 Houses
-$20,000 Downpayments, $80,000 Mortgage
>Have $0 Cash, $800,000 Mortgage, and 10x $100,000 Houses($1,000,000)
>Houses all ""Magically"" double in value
>Have $0 Cash, $800,000 Mortgage, and 10x $200,000 Houses($2,000,000)
>-Take out HELOCs on all 10x Houses for the maximum allowed*
>*HELOC will let you take out a Loan(~3% Interest Rate) for ~80% on your Home Equity**
>**Home Equity = House Value - How much you still owe***
>***$200,000 House, $80,000 Mortgage, and $20,000 paid off means you
>***can get a HELOC for: ~80%x$200,000(House Value)=$160,000
>***$160,000 - $80,000(Mortgage Balance) = $80,000 HELOC
>Get 10x HELOC's for 10x $200,000 Houses
>Have $0 Cash, $800,000 Mortgage, 10x $200,000 Houses(2,000,000), $800,000 HELOC$, $800,000 HELOC_Debt
>Use the $800,000 HELOC to pay off the 10x $80,000 Mortgages
>Have $0 Cash, $0 Mortgage, 10x $200,000($2,000,000) Houses, $800,000 HELOC_Debt
>Sell some houses because you decided you don't actually need 10 Houses
>Sell 4x $200,000 Houses for $800,000
>Have $800,000 Cash, $0 Mortgage, 6x $200,000 Houses($1,200,000), $800,000 HELOC_Debt
>Pay off HELOC_Debt
>Have $0 Cash, $0 Mortgage, 6x $200,000 Houses($1,200,000), $0 HELOC_Debt
>Sell a few more houses, it's becoming a chore to do the extra yardwork and maintenace
>Sell 5x $200,000 Houses for $1,000,000
>Have $1,000,000 Cash, $0 Mortgage, 1x $200,000 House($200,000), $0 HELOC_Debt

Why doesn't everyone do this?
Are people actually so stupid that they think anything they do actually matters?
Why would anyone ever work? If you're not getting free money for doing nothing, then you are NGMI.
If you actually think doing anything matters, you are dumb as dirt.
It is laughably easy to have infinite money, that anyone who even THINKS about complaining about being "poor" is a retard.