Good Friday Morning All. 53* for a high today and we even have a 20% chance of rain. :bowdown: Hope you all have a Great Friday. Time to get Rocking. :happydance: Stay Safe, Stay Positive and Keep Moving Forward. :tup:

Remember: "If You Need Music On The Beach, You're Missing The Point."

Welcome to the weekend...
enjoy all of it
:happydance:

hell yeah! happy friday danegrey!:hello::hello:

Holy Sh!t, we made it - End of the Week!

Happy Friday!

272 Days until Thanksgiving 2023

304 Days until Christmas 2023

311 Days until New Years 2024

∞ Days until EW pays off his BMW

https://www.cnn.com/2023/02/24/econo...ary/index.html

"Inflation surprisingly rose in January [2023]". No sh!t. Feds think just by raising rates, this will solve inflation. While raising rates is only part of the solution (and will only help up to a certain point with current conditions), the other part of the issue is the supply chain issue. The Feds are looking at the playbook from previous periods of inflation, and the issue with this is there hasn't been anything prior to what is going on right now in the world with the backend of a pandemic and the war in Ukraine. Global supply chain and shortages are still a problem, particularly semiconductor chips, and most production/manufacturing companies use borrowed money to fund a large portion of their operations. So if rates go up and borrowing costs go up, these companies will produce less in an already short-supply environment, which would drive up inflation based on simple supply/demand economics. Not sure why this is such a hard concept for the Feds to grasp.

For those that are thinking car prices will come down, don't expect this to happen any time soon. The issue with semiconductors is production requires neon gas, and guess who supplies half of the world's supply of this? Ukraine, and I doubt they are currently focusing on producing this with the war going on.

On a side note, people should be feeling the effects of increase rates starting now. I look at my credit card statements and see that:

1. minimum payments have increased
2. more of the payments are going towards interest

As I mentioned before, now is not a good time to be going into unnecessary debt.

last year was the first year in a looooong time i actually paid interest on my credit card.. and boy did that suck, my minimum payment was $177.

mind you, i had bought myself, my girlfriend, my parents and her parents a cruise to the carribean so my credit card ballooned up a lot. In the end I still paid it off within a year's time.

be strong duude.:iagree:

:hello::wtf2:

vtec, where you at duude? :icon08:

Roll call: checking in :hello:

Real Estate/Mortgage Industry not looking so good for the immediate future. While there is no impeding housing bubble (at least not in the sense of the late 2000s), there's simply not enough homes for the amount of buyers even with increased rates.

My first real job right out of college was in law enforcement with the local sheriff's office, and recently thought about going back, though I'm sure LEO's deal with alot more BS now compared to back in 2007.

Day 31 in the new job hunt.

Good luck on hunting for new job.... :tiphat:

Morning all,
Saturday and a trip to Blacksburg VA to drop off some Z seats...
always wonder why I do this, but that is one less item in the garage...
:tiphat: