What happened to all of the doom and gloom economic threads?

[unregistered]

 

[jeninflorida]

Ignorance and stupidity at its finest, thanks for the good laugh UD! We must have a tax payer health system so that UD doesn’t have any out of pocket expense. After all this UD troll is too lazy to work we must support him, it’s the American way.

Profits, well that is just another word for evil.


now, here is your free obama juice, drink up! you only have 2 more years left to enjoy the obama juice

Who said you could or should?

I made it pretty clear that I wouldn't give two shits if health insurance were obliterated as we know it to be replaced with a single payer system. One of the problems with insurance companies is because they have to profit, and do so above all other concerns.

It's time for me to get out in the yard and do something productive.

 

[Ulaven_Demorte]

This is hilariously naive. If only companies could function without profit. Ahahaha.

They can't?

They need to pay their operating expenses, keep equipment up to date and personell trained, pay their employees.. But they don't have to make a profit to exist or perform their function.

There are a great many enterprises that function without making a profit, have for decades.

 

[Ulaven_Demorte]

Ignorance and stupidity at its finest, thanks for the good laugh UD! We must have a tax payer health system so that UD doesn’t have any out of pocket expense. After all this UD troll is too lazy to work we must support him, it’s the American way.

Profits, well that is just another word for evil.

now, here is your free obama juice, drink up! you only have 2 more years left to enjoy the obama juice

Typical Dumbasastump baseless, mindless assertions.

You need new material.

 

[firespin]

They can't?

They need to pay their operating expenses, keep equipment up to date and personell trained, pay their employees.. But they don't have to make a profit to exist or perform their function.

There are a great many enterprises that function without making a profit, have for decades.

Like General Motors? That went well.

Non-profits basically can't grow or innovate in comparison to companies that can tap capital markets to make investments...which takes profits.

 

[firespin]

Only morons and bankers (I wonder how much of an overlap there is in those two groups) thought that the hyper inflated real estate prices would last forever / continue to climb and mortgaged their property to the hilt during the "good times".

The question was whether deflation took place. If prices used to be hyper inflated, and now they're not, then, by definition, deflation took place. Your years ago acquisition cost or equity is completely irrelevant to market values.

 

[Luk]

Like General Motors? That went well.

Non-profits basically can't grow or innovate in comparison to companies that can tap capital markets to make investments...which takes profits.

https://www.habitat.org/

 

[koalabear]

They can't?

They need to pay their operating expenses, keep equipment up to date and personell trained, pay their employees.. But they don't have to make a profit to exist or perform their function.

There are a great many enterprises that function without making a profit, have for decades.

Name them.

 

[rosco rathbone]

Isn't TIAACREF kind of nonprofit?

 

[firespin]

https://www.habitat.org/

Well, yes, exactly. They're doing what they can with what resources happen to be available. You couldn't do something like insurance claims processing with that business model.

 

[Luk]

https://www.habitat.org/

Name them.

-I- did, dumbass.

 

[Luk]

Well, yes, exactly. They're doing what they can with what resources happen to be available. You couldn't do something like insurance claims processing with that business model.

Insurance claims processing wasn't the business model asked for, now was it?

My local Habitat just moved from a small dump to a really nice building near one of my shops.

 

[firespin]

Insurance claims processing wasn't the business model asked for, now was it?

It was the topic in question just a few posts above.

Clearly there are lots of non-profit organizations...non-profit hospitals, and even non-profit health insurers..but they exist in an ecosystem with for-profits.

 

[jeninflorida]

Ah yes, microsoft and dell are perfect examples….right?

so tell me, why would someone risk his or her family future.....put the house on the line to start a non profit biz? in hopes of earning 35k a year?

They can't?

They need to pay their operating expenses, keep equipment up to date and personell trained, pay their employees.. But they don't have to make a profit to exist or perform their function.

There are a great many enterprises that function without making a profit, have for decades.

 

[jeninflorida]

Typical Dumbasastump baseless, mindless assertions.

You need new material.

You and luke, together bringing dumbass ideas across America. Maybe you two need to hold hands and say a prayer

 

[Ulaven_Demorte]

The question was whether deflation took place. If prices used to be hyper inflated, and now they're not, then, by definition, deflation took place. Your years ago acquisition cost or equity is completely irrelevant to market values.

Always picking your start points to fit your argument. It's becoming somewhat of a habit with you.

If you look at original purchase price (instead of the overinflated price a couple of yers ago) compared to the market value today then the property has STILL showed an increase of nearly double.

Again, you're playing the short game when real estate is a decidedly long term investment. You're stuck playing checkers.. Try Chess.

 

[jeninflorida]

you should donate your house to habitat for humanity

if you really own a house....

Always picking your start points to fit your argument. It's becoming somewhat of a habit with you.

If you look at original purchase price (instead of the overinflated price a couple of yers ago) compared to the market value today then the property has STILL showed an increase of nearly double.

Again, you're playing the short game when real estate is a decidedly long term investment. You're stuck playing checkers.. Try Chess.

 

[firespin]

Always picking your start points to fit your argument. It's becoming somewhat of a habit with you.

If you look at original purchase price (instead of the overinflated price a couple of yers ago) compared to the market value today then the property has STILL showed an increase of nearly double.

Again, you're playing the short game when real estate is a decidedly long term investment. You're stuck playing checkers.. Try Chess.

Sorry, Mr. Moron, but the topic on the table was this:

"We've already had a deflation, take your house, for example..."

Your house lost 40%+ market value recently. That's pretty much unprecedented in the history of real estate, last fifty years certainly.

Again, it's irrelevant when you bought it. The question is not whether you have still made money since your purchase, but whether you lost asset value over the past two years...and you certainly did that.

 

[Babalugats]

Always picking your start points to fit your argument. It's becoming somewhat of a habit with you.

If you look at original purchase price (instead of the overinflated price a couple of yers ago) compared to the market value today then the property has STILL showed an increase of nearly double.

Again, you're playing the short game when real estate is a decidedly long term investment. You're stuck playing checkers.. Try Chess.

Maybe 2%-5% increase, maybe. Other than the blip, RE doesn't provide a decent return like eveyrone thinks.

 

[unregistered]

 

[trysail]

They can't?

They need to pay their operating expenses, keep equipment up to date and personell trained, pay their employees.. But they don't have to make a profit to exist or perform their function.

There are a great many enterprises that function without making a profit, have for decades.

Idiotic. Growth comes from the reinvestment of profit. If there is no profit, there is no growth— and if you ain't growin', you are dying.


That is elementary knowledge. Your ignorance of fundamental concepts of accounting, capitalism, mathematics and investment is glaring.

 

[Babalugats]

Idiotic. Growth comes from the reinvestment of profit. If there is no profit, there is no growth— and if you ain't growin', you are dying.


That is elementary knowledge. Your ignorance of fundamental concepts of accounting, capitalism, mathematics and investment is glaring.

Typical welfare mentality.

 

[unregistered]

 

[jeninflorida]

socialism makes as much sense as UD does, they just don't work

UD thinks socialism can provide for humanity, he forgets that it starts with the confiscation of private capital that had to come from somewhere involving work.

 

[Bad_Doggie]

Ah yes, microsoft and dell are perfect examples….right?

so tell me, why would someone risk his or her family future.....put the house on the line to start a non profit biz? in hopes of earning 35k a year?

Look up Robert Bosch GmbH and tell us what you find?

Woof!