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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 393.24+1.1%Dec 11 4:00 PM EST

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To: elmatador who wrote (142441)6/30/2018 4:20:38 PM
From: Maurice Winn   of 218448
 
Poor little dears, tsk tsk. <Haven't you had a look at student debt?
Can they afford these houses you just told are high priced?

They cannot afford to form a family even!
>

They should not get loans for so-called education which doesn't earn them a big return on those loans. I didn't say houses are high-priced, I said they have gone up in price. That's nominal price, but not in gold price. In 1970 I earned NZ80c per hour. Now for the same level of work people earn $40 an hour. Interest rates are at all time lows. A house in 1970 cost NZ$10,000. Now that house is NZ$1 million. But a car in 1970 cost a years pay. I sold my pretty good Camry for NZ$2060 a couple of months ago. That's only a week or two work. Cushy life!! That car won't need repairs like I had to do back in 1970.

Cushy life.

They can't afford a family because they are dumb, lazy, wastrel, self-indulgent, greedy, spendthrifts.

Mqurice
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