Brexit

[johnr]

NO SURPRISE!!! Guess the Brits got tired of paying to keep that sinking ship known as the EU afloat. When welfare states/people get to vote on how you spend your money, the party's over. Why can't we figure that out???

Excellent

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NO SURPRISE!!! Guess the Brits got tired of paying to keep that sinking ship known as the EU afloat. When welfare states/people get to vote on how you spend your money, the party's over. Why can't we figure that out???

Excellent

 

[shorthairsrus]

Land is the BEST investment, always in demand and there's a finite amount of it.

Lot of lenders are hinging on your statement and hoping you are correct.



The real estate market in certain parts of ND is/was bloated. I don't think were even close to the bottom and some just began to drop.

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The bottom line is not letting a market drive an interest rate is undermining the economy as a whole. You can only play a shell game so long. stock market, commodities, real estate, gold its all been a see saw and none of it was substained.

 

[SDMF]

If we had a free monetary system - based on risk vs reward ----- vs a govt heavy controlled zero interest rate with no growth motive ------- a little country like Britain with very little manufacturing or industrial output -- wouldn't put a dent into the worlds economy. But when the worlds economy is based on bullshit like overspeculation due to govt control -- shows how weak we really are. were just a mess of dominos ready to fall.

So you're saying all the hubbub is overrated?

 

[eyexer]

They did the right thing. Europe is a disaster. Short term drop in the stock market then it'll be back to normal. This will probably be a good thing. This will probably cause several more countries to do the same.

 

[Account Deleted]

Have been kicking around opening up a brokerage account for quite some time and just now finally pulled the trigger. And now I have to wait a few days for them to verify my banking account. Hopefully the stocks I'm looking at will still be down next week.

 

[Captain Ahab]

Land is the BEST investment, always in demand and there's a finite amount of it.

If you bought some ag land 2-3 years ago, it wouldn't look good. I've seen no sales happen lately due to people not willing to take the top bid at 60% of what the same stuff was selling for at the peak of commodity prices. Diversification is your friend. Own some real estate, quality companies in each sector, tax-free bonds, etc. etc. Example: Whatever Britain does isn't going to make you quit drinking Coke or beer/booze. Quality companies make and distribute that stuff for a profit.::thinking::

 

[Bacon]

Yep. Ag land sucks. Everyone should stay away and not buy it. Real assets are over rated.

 

[Captain Ahab]

Yep. Ag land sucks. Everyone should stay away and not buy it. Real assets are over rated.

I never said it sucked. I will own some one day. If you bought it 3 years ago and wanted to sell it today it would suck real bad, though.

 

[eyexer]

Ag land prices in NW ND is higher than hell

 

[Enslow]

I hope the markets drop sharply before the election to ensure that hillary doesnt get elected. If everyones accounts are full of money they will surely vote for hillary.

 

[Bacon]

I never said it sucked. I will own some one day. If you bought it 3 years ago and wanted to sell it today it would suck real bad, though.

All depends where in the state I guess. Not sure why anyone was buying at the high. $7.00 corn is not the norm. Many maybe didn't realize that. Some of that land might have been guys flush with cash and had to get rid of it. Lots of farmers in the valley with paid for land and lots of cash flow. 20 years from now it might look like a good buy. Most who buy land are not speculators.

 

[Sum1]

Looks like the Brits just gave the establishment the middle finger. Good for them. To bad the rest of the worlds elite are gonna do whatever they can to make it hurt so they can stand back and say "See what happens when you F with the establishment". I hope for thier sake they are ready and expecting this. The global economy(government) is gonna be the end of us.
.

 

[eyexer]

other countries will do this also

 

[dean nelson]

No idea where it will lead but know I'm all for it. Not because I have any idea what's going to happen...just know Hillary and Obama were campaigning against its so that's enough for me to pick the other side.

 

[Flatrock]

As with any asset, the price you pay for it is what's most important. People preach on and on about land/real estate and how it's such a great investment. Yea, it usually is over the long term but you can't just go and pay any price for it and expect to make a bunch of money.

 

[Sum1]

No idea where it will lead but know I'm all for it. Not because I have any idea what's going to happen...just know Hillary and Obama were campaigning against its so that's enough for me to pick the other side.

Haha. That will be a lesson I teach my kids, if Obama or the Hildabeast tell you to do something, just do the complete opposite and you'll live a good honest life.

 

[Brian Renville]

Just an idea of how much trouble the EU is in, when founded it was said the national debt should not exceed 60% of the GDP. Now only 11 of the 27 nations fall under that percentage. Greece is the worst obviously with Italy not far behind.

Now here er is where things get scary.

 

[svnmag]

Obama had a bad week. This is good. If I were in Congress, I would've got some guys together and drove the "sit in" absoeffinglutely MAD:

https://www.youtube.com/watch?v=0yU0JuE1jTk
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Maybe this too:

https://www.youtube.com/watch?v=tpGRdX5sUAs
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Any heckling would be met with a thrown Twinkie.

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...or condom

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https://www.youtube.com/watch?v=M9DCAFUerzs

 

[svnmag]

Haha. That will be a lesson I teach my kids, if Obama or the Hildabeast tell you to do something, just do the complete opposite and you'll live a good honest life.

https://www.youtube.com/watch?v=u3k7lykTWTk

 

[Reprobait]