Supply Chain Shortages and Inflation

[C-Mag]

Coincidentally, one of the largest produce packaging plants in California burned down today.

[The Conservative]

Coincidentally, one of the largest produce packaging plants in California burned down today.

"Burned down"...

[C-Mag]

Fannie Mae
We expect this to unfold in part via higher mortgage rates that lead to slower housing activity. We have downgraded our total home sales forecast for 2022 to a decline of 7.4 percent (previously a 4.1 percent decline) followed by a decrease of 9.7 percent in 2023 (previously a 2.7 percent decline)


I don't know what the drop % of home sales were in 2008 and 2009, but it would be a good reference

[The Conservative]

Fannie Mae
We expect this to unfold in part via higher mortgage rates that lead to slower housing activity. We have downgraded our total home sales forecast for 2022 to a decline of 7.4 percent (previously a 4.1 percent decline) followed by a decrease of 9.7 percent in 2023 (previously a 2.7 percent decline)


I don't know what the drop % of home sales were in 2008 and 2009, but it would be a good reference

About 9.5%

[C-Mag]

Fannie Mae
We expect this to unfold in part via higher mortgage rates that lead to slower housing activity. We have downgraded our total home sales forecast for 2022 to a decline of 7.4 percent (previously a 4.1 percent decline) followed by a decrease of 9.7 percent in 2023 (previously a 2.7 percent decline)


I don't know what the drop % of home sales were in 2008 and 2009, but it would be a good reference

About 9.5%

OK, so it's 2008 all over again, with the added bonus of 17% Inflation and massive supply chain and food shortages

Did SHTF yet ?

[Martin Hash]

Until my son sees it, the S did not HTF.

[The Conservative]

Fannie Mae
We expect this to unfold in part via higher mortgage rates that lead to slower housing activity. We have downgraded our total home sales forecast for 2022 to a decline of 7.4 percent (previously a 4.1 percent decline) followed by a decrease of 9.7 percent in 2023 (previously a 2.7 percent decline)


I don't know what the drop % of home sales were in 2008 and 2009, but it would be a good reference

About 9.5%

OK, so it's 2008 all over again, with the added bonus of 17% Inflation and massive supply chain and food shortages

Did SHTF yet ?

Hasn't gone down hill enough yet, we are technically better prepared this time around... which surprises me.

[SuburbanFarmer]

2008 was a financial problem that cost people jobs. This time we have a currency problem that will cost everything.

[The Conservative]

2008 was a financial problem that cost people jobs. This time we have a currency problem that will cost everything.

Just hold tight, you've seen nothing yet.

[GloryofGreece]

Fannie Mae
We expect this to unfold in part via higher mortgage rates that lead to slower housing activity. We have downgraded our total home sales forecast for 2022 to a decline of 7.4 percent (previously a 4.1 percent decline) followed by a decrease of 9.7 percent in 2023 (previously a 2.7 percent decline)


I don't know what the drop % of home sales were in 2008 and 2009, but it would be a good reference

About 9.5%

OK, so it's 2008 all over again, with the added bonus of 17% Inflation and massive supply chain and food shortages

Did SHTF yet ?

I'm not going to squabble too much with the 17% reference other than to say I don't think it's quite that high. Maybe 12%ish. I don't know how accurate shadow stats are tbh but we are probably certainly above the quoted 8% or whatever is being officially declared.

I have a fairly random but tangentially financial question for you or anyone else that might know... Can you get a loan for your "downpayment" on a house mortgage? You know credit for the credit essentially lol. I'm desperate to move to the countryside.

--- Non "based" GoG