Liberal Forum

soon bank stocks will be penny stocks. crash is coming. biggest losers will be people with mortgages. people will walk. banks will dump repossessed houses for practically nothing.   for years the congress has only thought of themselves. grab the money and hide. no morals. they all lie. and you use your time to vote? SUCKER. states must shutdown their corrupt union. each state then should decide on their own debt free future. (when the states shut down the union, no more federal income tax. federal land auction would bring in more than enough to cover social security. and for congress, give them shares of the federal debt they created.)

I sure wished you folks would provide links to your posts.

walkingstick » 27 Apr 2023, 12:41 am » wrote: ↑

27 Apr 2023, 12:41 am

... banks will dump repossessed houses for practically nothing. 
 

LOL!!!    Let's verifythis down the road a bit, shall we?  You know nothing of the housing market or how banks operate. 
 

Skans » 27 Apr 2023, 8:46 am » wrote: ↑

27 Apr 2023, 8:46 am

LOL!!!    Let's verifythis down the road a bit, shall we?  You know nothing of the housing market or how banks operate.

in the 1980's banks were dumping inventory before forced closing. i grab some at ridiculous prices. /// as people walk away for their underwater mortgages, banks that are holding garbage mortgages will unload them below fire sale prices. some slum homes might be worth buying. coming soon to usa; great opportunity for those holding cash. sell stocks. hold liquid cash.