Ask HN: Who else sees life getting progressively worse from now on, even in US?

Re:Ask HN: Who else sees life getting progressively worse fr... by _3u10 on Friday October 29, 2021 @07:08AM (#29037209)

I see life getting way better. With the R value of delta everyone will have it vaxxed or not within a year. Once the stimulus packages pass low interest rates should lock in for at least 10 years. Just borrow as much as you can as cheap as you can and buy assets.

The only real trick is figuring out when to retire somewhere tropical. I’d say hold out until the prime rate goes to 2% or debt to GDP reaches 150%, sell enough to cover your debt and ride it out in Margaritaville.

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Re:Ask HN: Who else sees life getting progressively worse fr... by bonniejawker on Friday October 29, 2021 @08:25AM (#29037624)

Debt to GDP is currently at 125%. How quickly will it get to 150% you reckon?

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Re:Ask HN: Who else sees life getting progressively worse fr... by AnimalMuppet on Friday October 29, 2021 @12:17PM (#29040289)

Depends on whether the Democrats can get the $3 Trillion infrastructure bill passed. There is exactly 0% chance that it will be revenue neutral, no matter how much they claim that it will be.

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