Treadhead wrote:
Yeah everyone’s going to move to Boise, that’s it.
Not trying to be a jerk who posts a "gotcha!", but Boise is growing at an insane rate. Much of it is organic, similar to what happened in Austin. Here is a high-level piece worth reading:
https://www.businessinsider.com/boise-idaho-fastest-growing-city-in-us-photos-growth-cost-2019-12I don't live there and have no dog in the fight.
Why are you so focused on Florida? I never specifically mentioned Florida. Yes, hurricanes are getting more intense due to climate change, that's what the evidence shows. If you want to view a tiny sliver of data and plot points that fit your presuppositions, go ahead, enjoy your little enclave. Flooding due to storm surge and more intense rain, rather than destructive wind will probably do the most economic damage.
https://www.gfdl.noaa.gov/global-warming-and-hurricanes/
"A review of existing studies, including the ones cited above, lead us to conclude that: it is likely that greenhouse warming will cause hurricanes in the coming century to be more intense globally and have higher rainfall rates than present-day hurricanes."
Johnny Gentle wrote:
Treadhead wrote:
Yeah everyone’s going to move to Boise, that’s it.
Not trying to be a jerk who posts a "gotcha!", but Boise is growing at an insane rate. Much of it is organic, similar to what happened in Austin. Here is a high-level piece worth reading:
https://www.businessinsider.com/boise-idaho-fastest-growing-city-in-us-photos-growth-cost-2019-12I don't live there and have no dog in the fight.
I am fully aware, but total numbers wise it is still a very small number of people. From 2010 - 2018 Boise added about 40,000 people. New York added about a quarter of a million in the same time frame.
20% of the population will be homeless. Another 65% are paying over half their wages to rent. The remaining 15% are doing ok.
The middle class will keep getting squeezed out. Those outside of the upper middle will become the lower class.
At this stage a Revolution will occur. Either violent, or political. The 85% lower class will vote in politicians that tax the top 15% over half their income to help them pay for basic necessities since over half their income goes to rent. College will be free, healthcare will be free, social security and Medicare will be gone.
We'll look back in the distant future and conclude that greed caused the downfall of America. Landlords raising rent 5%-10% every year. Scalping their customers of every dime they make.
Gaza
messi wrote:
Can someone explain to me when national debt will be paid down? I mean, at some point those IOU's will have to be paid.......correct? When will this be?
Who is still lending money to USA, and why? Bad risk?
Can someone with Nostradamus qualities please explain all this to me.
We pay off our debts every year. Mainly by borrowing more money. it is beyond absurd that we ran a 984 billion dollar deficit in 2019 when we are like 10 years into an economic recovery.
If interest rates ever rise, servicing the US debt load will be problematic. It is one thing when you are refinacing 6%+ debt at 2%. It will be another when you are refiancing 2% debt at 6%. But don't worry the people that got us into this mess will be long dead by then.
Realistically to get the debt under control, we will have to stop electing the fiscally irresponible party for like 30 years. That isn't going to happen. Too many people are immature and like the instant gratification of tax cuts instead of caring about their kids and grand kids.
Did you even bother to read the article you linked??? Here's the summary since you clearly didn't get to that part:
Therefore, we conclude that it is premature to conclude with high confidence that human activity–and particularly greenhouse warming–has already caused a detectable change in Atlantic hurricane activity. (“Detectable” here means the change is large enough to be distinguishable from the variability due to natural causes.) However, human activity may have already caused some some changes that are not yet confidently detectable due to the small magnitude of the changes or observation limitations, or due to limitations in modeling and physical understanding (e.g., aerosol effects on regional climate, uncertainties in simulation of Atlantic multidecadal variability).
If you really want to understand it, I would suggest you look at 10 year US treasury rates and compare them with those of other developed countries. From there, ask yourself some simple questions a rational investor outside the US would consider. Put it together pragmatically, and you'll see why national debt is not worrying as many economists as it was before. It's more of a political talking point at the moment.
DudeBroMan wrote:
Fallout 7.0 wrote:
what do you guys think
We thought we'd have flying cars and little pills that we pop in the microwave for 5 seconds that turn into a full meal by the year 2000.
No one has any idea what anything will look like in 20 years. Any guesses/thoughts/theories/etc. are purely conjecture and will almost certainly be incorrect.
Actually the part about flying cars and microwave pills was thought about in the 1960s and conjured up for 1984 or thereabouts.
20 years from now we'll have flying cars and microwave pills
High chance of something vs nothing wrote:
If you really want to understand it, I would suggest you look at 10 year US treasury rates and compare them with those of other developed countries. From there, ask yourself some simple questions a rational investor outside the US would consider. Put it together pragmatically, and you'll see why national debt is not worrying as many economists as it was before. It's more of a political talking point at the moment.
So you really said NOTHING!
Fallout 7.0 wrote:
what do you guys think
I don’t know, but the Twinkies in my pantry should still be good
There's different levels of learning. All require some action on the student's part. Have you only learned what to think, instead of how to think? If so, this might help you save some time. Many developed countries pay you nothing (or charge you!) to save money. The US treasury rates are low for us, but extremely attractive to foreign investors. Money is flowing in! This has been putting downward pressure on the longer term part of our yield curve, but that's another story. I promise it would've been more fun to have gone through the steps. It is better to strive for understanding (and application) than memorization, but that only applies if it is something that is important to you. If not, memorization and headline reading is sufficient.
I apologize to the op for not staying on topic. My prediction for 20 years from now is that capital flows into fossil fuels will continue to diminish. Better returns will require private equity instead of simply indexing, and privacy of personal data including DNA testing we're doing now for curiosity's sake will be compromised by someone/thing nefarious.... with can't miss congressional hearings.
messi wrote:
Can someone explain to me when national debt will be paid down? I mean, at some point those IOU's will have to be paid.......correct? When will this be?
Who is still lending money to USA, and why? Bad risk?
Can someone with Nostradamus qualities please explain all this to me.
Every dollar is loaned into existence by a private clandestine organization called the Federal Reserve. So it can never be repaid and it will only grow. The seeds of your debt slavery has been sown long before you were born.
finallyransub17 wrote:
75% of the cars on the road will be Electric and most cars in cities will be driven autonomously, including most taxi's/ubers.
Just say no to self driving cars.
https://counterculture.blog/2019/09/08/the-case-against-self-driving-cars-part-1/The mental health epidemic will still be a thing... mass shootings will be worse than ever because we will never get our crap together and I’m certain by 20 years from now we will have bombed at least one new country. The minimum wage will be $15.00.
FFF wrote:
The political parties will be unrecognizable. One will be long gone.
I thought the source of the statement below was reputable when I read it but do not remember the source so take it for what it is worth. I am not trying to prove anything. I just thought it was an interesting premise.
With old white men dying off and the country getting more diverse and liberal, an independent think tank said:
If 50% of registered democrats go to the polls in 2020 and beyond, they will lose the house/senate/presidency.
If 55% vote they will narrowly win house/senate/presidency.
If 60% vote they will win all 3 in landslide after landslide.
And if 65% vote there will no longer be a republican party.
Nervous Nelly wrote:
Hurricanes definitely are not "bigger" now than ever before. That's just the kind of made-up facts the global warming turned climate change alarmists want you to wrongly believe. Here are all the biggest hurricanes to hit Florida and the biggest ones at the end:
https://en.wikipedia.org/wiki/List_of_Florida_hurricanesOf the 14 biggest (and I assume you mean strongest) hurricanes ever to hit Florida, only 2 hit in the last 16 years and the two biggest ever were from 1935 and 1992.
Note that there were ZERO hurricanes from 2005 to 2017. If your fake narrative is that man has caused a massive spike in super strong hurricanes, you've got some serious splaining to do about that 12-year recent gap of bupkus.
You are cherry picking data. Try doing the same for every state on the East Coast and the Gulf of Mexico. You will find a very different picture. Rising ocean temperatures are changing the course of Hurricanes.
george c wrote:
FFF wrote:
The political parties will be unrecognizable. One will be long gone.
I thought the source of the statement below was reputable when I read it but do not remember the source so take it for what it is worth. I am not trying to prove anything. I just thought it was an interesting premise.
With old white men dying off and the country getting more diverse and liberal, an independent think tank said:
If 50% of registered democrats go to the polls in 2020 and beyond, they will lose the house/senate/presidency.
If 55% vote they will narrowly win house/senate/presidency.
If 60% vote they will win all 3 in landslide after landslide.
And if 65% vote there will no longer be a republican party.
I have always believed that ALL conservatives vote, but far from all liberals vote.
Is this accurate?