Originally Posted by
GPullR
Sorry, will rephrase. Economic depression, that better? Ever been through a world trade war??
Why would anybody bring any factory to the US with nobody wanting to work thwre and knowing trump is out in 3 years??? Plus costs going up 3 fold on whatever they make. Nobody is going to do that. Wake up.
Good try on the florida comment. Lived there 35 years, recently left. Back about 10 times a year. Lots of friends and family there. Sure they have some tech and medical but tourism is by far and away the bread and butter.. Florida sits about 30th in the US in household income, crushing it!! The yields are LOW, really not that hard to understand. You won't find a single full fare paying first class ticket going there. First is all upgrades.
Florida is one of the first to get crushed in economic downturn, always has been. That isn't going to change.
Not a FLA cheerleader by any means, just under a year here (born in EU, raised in NE), no long term plans in FLA. But there is no way to debate the shear stats on what has happened in the Southeast and Southcentral US. There really isnt much to compare it to. Continuously looking far backwards at data about US demographics will get you in trouble. As Ray Crock (McDonalds) famously quiped, When your green you grow, when your ripe you rot.
Windshield big, rearview small. Read about the demographic trends in the US (I do) the Northeast especially, rapidly aging mean, extremely low births, etc, etc. Its all out there. The government Bureau of Labor Statistics puts out mountains off data if your interested. Pretty sure our C Suite in Willis Tower isreading. And yes, once those big Nvidia, Tiawan Semi, Honda and Apple plants get built over the next 24-36 I can almost guarantee you that they wont be shuttered in 4 years, even if Biden gets reelected. It's really, really difficult to think clearly when your entire world view is clouded by politics.
If your my advanced age I hope you have a financial adviser working with you on your long term investments and future plans. Ive seen good friends make bizarre decisions in the past few weeks based on TV personalities hysteria and opinions that will fundamentally alter thier retirements. Unfortunately you sound quite a bit like them. Politics suck. Cheers!