This smells like urine. The lion kingdom then knew why 5th grade math class always smelled like urine. The teacher Ms. Mattos must have eaten this every day. We went in right after lunch & all the kids agreed that room smelled like urine. With all the grocery stores out of business, this is now the only instant noodle in walking distance.

The stonk market will set a new all time high in the next month, with Ukraine's victory all but certain & no-one taking The Jay seriously.  Then the stonk market will have to digest a lot of empty hawkish threats in May with only a 40% chance of ever materializing.

The lion kingdom expects the new money to wind its way back to exclusively asset inflation. The bottom 99% buy crap which is part of the CPI. The top 1% are a separate economy which keeps all its money in assets. All the money made by the bottom 99% eventually goes to the top 1% where it disappears from the CPI in a cloak of real estate.

The lion kingdom believes home equity is vastly underestimated as a component of net worth. Animals with no home equity have to subtract from their net worth the lowest amount of money they would need for shelter if they suddenly couldn't work anymore, $1/2 million in today's money. Animals with home equity can afford to count most of their home equity as their net worth. Unlike 15 years ago, real estate is now manely funded with printed money rather than debt & immune to interest rate shocks.

Some gootubers exclude home equity from net worth but don't subtract it from renter net worth either. Animals with home equity spend a lot more than biology majors because they write off most expenses as covered by their future home sale. The big thing every new homeowner is doing now is buying a $150,000 car not by using lines of credit but by planning to make it back in the next home sale. It might be the psychological effect of a house causing homeowners to burn all their cash that makes gootubers not count home equity as net worth. Houses may truly he haunted by ghosts that turn cash into boats.

The long time blondie neighbor finally sold his condo for $660,000 & either used the equity to retire or moved to Idaho. He paid $450,000 back in 2005. A terrible return, but enough to pay for a retirement. It must have been paid off, but the HOA was $5520/year & the property tax was $7500/year. Property tax near the lion kingdom is 1.2% - 2%. Most of Calif* has worked around proposition 13 by creating special assessments.

He was the sole breadwinner in a large family, had a lucrative job which required wearing a suit & driving out at 8am, probably worked for the government.

Pretty sure this one was in the news, but a what a $2 million find. The infinitely inflatable run down shack is the government debt backing collateral of the 21st century. Those moldy miniblinds are good for backing at least 5 more infrastructure packages. Where a lion sees a beat up screen door, a bald eagle sees $1.9 trillion in economic impact payments.

https://www.youtube.com/watch?v=yxatKGh_z5s

Generation Z is kicking ass. The lion kingdom thought millennials kicked ass while millennials themselves called themselves slackers. Every generation thinks it's lagging in its 20's & doesn't have the opportunities that the previous one had, but every generation since generation X has clearly been more competitive & made more money than the previous one. Generation X was the last one which really didn't try very hard & there hasn't been a movie like Reality Bites since 1994.

The 1 concern lions have is all the generation Zers on gootube are putting 100% of their disposable income into stonks. It probably is a good idea in the long term, but it means the ones buying the dips aren't individuals. The only one buying the dips is the government. If the government pulls out, there aren't going to be any dip buyers & it's going to keep falling.