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Master Thread Dance Your Cares Away/Fraggle/Law Abiding Citizens

Master Threads

FreeMiner

Legendary
Joined
Nov 27, 2021
Messages
11,595
Here in central FLA they are building on every square inch of land that they can find. It does not seem that things are slowing down very much here in real estate.
My niece owns 240 acres with a creek in North Florida. Has a small farm there. I keep telling her to sell out and move. Probably worth millions now. But she likes it there.
Not sure how Florida taxes are, but witnessed a friend who inherited a good sized water front lot with a small owner built home all paid for, get forced out by rich folks and high property tax. The rich kept buying up around him and building mega homes. This kept putting his taxes higher and higher. o he had to go back to work to keep up taxes.
This should be illegal to have property taxes based on value. It should be based on service provided.
 

Dolphincock

Elite
Joined
Jan 9, 2021
Messages
577
Market Summary > Dow Jones Industrial Average
29,505.60−571.08 (1.90%)today
Sep 23, 11:48 AM EDT • Disclaimer
Follow

1D
5D
1M
6M
YTD
1Y
5Y
Max
29,555.18 ‎11:45 AM
29,40029,60029,80030,00030,200Previous
close
30,076.68





10:00 AM12:00 PM1:00 PM2:00 PM3:00 PM4:00 PM
Open29,955.65
High29,955.65
Low29,564.16
Prev close30,076.68
52-wk high36,952.65
52-wk low29,564.16
 

Sgfeer

Legendary
Founder
Joined
Dec 1, 2020
Messages
22,592
Market Summary > Dow Jones Industrial Average
29,505.60−571.08 (1.90%)today
Sep 23, 11:48 AM EDT • Disclaimer
Follow

1D
5D
1M
6M
YTD
1Y
5Y
Max
29,555.18 ‎11:45 AM
29,40029,60029,80030,00030,200Previous
close
30,076.68





10:00 AM12:00 PM1:00 PM2:00 PM3:00 PM4:00 PM
Open29,955.65
High29,955.65
Low29,564.16
Prev close30,076.68
52-wk high36,952.65
52-wk low29,564.16


We may end the week closer to getting into the 28's than back to 30
 

MortgageHorn

Your Favorite Loan Officer
Founder
Joined
Dec 9, 2020
Messages
27,236

At 4.4 Miles, Wyoming Team Sets New Rifle Shot World Record



From the pull of the trigger, roughly 24 seconds elapsed before forward spotters heard the telltale plunk of a 422-grain copper bullet piercing the thin metal target.

The shooter was 4.4 miles away, a distance so great, the Earth’s rotation came into play.
It was a new world record for a rifle shot, set by the Jackson-based Nomad Rifleman team led by Schott Austin and Shepard Humphries. The shot was made with a custom-built rifle chambered for the .416 Barrett cartridge.

The .416 Barrett cartridge is made by “necking down” a .50 Browning Machine Gun (BMG) round to accommodate the roughly .40-caliber bullet. It’s a relatively short, stout bullet that proved ideal for its purpose, Humphries said.

“Traditionally in extreme long-range shooting, we wanted long, skinny bullets,” he said. “However, we discovered that as a bullet crosses over into subsonic velocity, it flies better if it’s shorter and fatter.”

The .416 Barret bullets were leaving the rifle’s muzzle at a velocity of roughly 3,300 feet per second, Humphries said. They dropped into subsonic velocity at about 1,100 feet per second and were traveling at a downward angle and about 600 feet per second as they reached the target zone.
View attachment 136270View attachment 136271




First Round Draft Choice for the 2023 Apocalypse
 

FreeMiner

Legendary
Joined
Nov 27, 2021
Messages
11,595
This is Bad Fucking JuJu
The US Dollar Index just hit 1.12 it is usually .89 etc.
Why does this matter?
Dollar index measures the relative strength vs other world currencies. It is getting stronger. Dollars are needed in order to trade globally. It is how most deals are settled. When the dollar becomes stronger, it makes financing debt more expensive. Once you have dug yourself in a hole nationally it is not all that different than what happens when a person overextends their credit card. You become a lending risk, which makes raising capital to finance your debt even more difficult. Eventually you are buried. Sri Lanka is an example that is playing out at the moment. The stronger the dollar becomes, the more Sri Lankas there will be. Then maybe a Korea or Japan or a EU. Shit gets real then.

 

MortgageHorn

Your Favorite Loan Officer
Founder
Joined
Dec 9, 2020
Messages
27,236



DearHomelyBrontosaurus-size_restricted.gif
 

MortgageHorn

Your Favorite Loan Officer
Founder
Joined
Dec 9, 2020
Messages
27,236
This is Bad Fucking JuJu
The US Dollar Index just hit 1.12 it is usually .89 etc.
Why does this matter?
Dollar index measures the relative strength vs other world currencies. It is getting stronger. Dollars are needed in order to trade globally. It is how most deals are settled. When the dollar becomes stronger, it makes financing debt more expensive. Once you have dug yourself in a hole nationally it is not all that different than what happens when a person overextends their credit card. You become a lending risk, which makes raising capital to finance your debt even more difficult. Eventually you are buried. Sri Lanka is an example that is playing out at the moment. The stronger the dollar becomes, the more Sri Lankas there will be. Then maybe a Korea or Japan or a EU. Shit gets real then.

 

FreeMiner

Legendary
Joined
Nov 27, 2021
Messages
11,595

It may be early but we are witnessing a rapid descent here. The USD rose 20% in 24 hrs. This will kill world trade and destroy the FED, they will have to accept and buy back a flood of foreign held dollars in the Trillions at the 1.12 rate of exchange.
How can US business sell anything over seas manufactured here at 1.12 usd. Big job killer.
 
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