TwelveOr21
TwelveOr21
Joined: Nov 18, 2018
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November 23rd, 2018 at 3:08:00 PM permalink
Wouldn't they seize assets belonging to you... i.e. the BJ bankroll?
FinsRule
FinsRule
Joined: Dec 23, 2009
  • Threads: 119
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November 23rd, 2018 at 5:13:57 PM permalink
It would be tricky.
billryan
billryan
Joined: Nov 2, 2009
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November 23rd, 2018 at 5:41:30 PM permalink
Quote: FinsRule

It would be tricky.



It's illegal to hide assets from creditors in a bankruptcy procedure, not to mention all the forms you would be swearing to.
Lax enforcement will probably let you get away with it, but it's still illegal as well as immoral.
rxwine
rxwine
Joined: Feb 28, 2010
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Thanks for this post from:
RogerKint
November 23rd, 2018 at 6:57:23 PM permalink
Is there some hurry to buy a house? Just wait for the next recession.
One person's freedom is another person's annoying crap.
billryan
billryan
Joined: Nov 2, 2009
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November 23rd, 2018 at 7:36:10 PM permalink
Quote: rxwine

Is there some hurry to buy a house? Just wait for the next recession.



Winnah Winnah , Chicken Dinner.
ZenKinG
ZenKinG
Joined: May 3, 2016
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Thanks for this post from:
RogerKint
November 24th, 2018 at 9:08:45 AM permalink
Quote: rxwine

Is there some hurry to buy a house? Just wait for the next recession.



No there isnt, I never said I plan to buy a house now, but everyone started trying to recommend me to buy other than bill. My plan is around 35, like everyones should be. Theres way too many drone kids buying a house too early from 25-30 all from social pressure and misinformation from their parents. Not only has the economy and housing market changed since the time of their parents, its only going to get worse from here as the credit and handout mindset in place keeps spreading. No one knows the true value of money or how a economy truly grows.

I also cant stand the drones who always just repeat the same old hashed out saying without knowing what it means by simply saying, "The 'economy' is bad', "Yeah times are tough because of the 'economy'. The amount of times I hear drones in public say something about the 'economy' and the 'economy' this and the 'economy' that without even understanding what that even means makes me go insane. They have no understanding what that even means by proof of their maxed out credit cards, 200k in debt and hundreds of handouts they receive on the daily. They simply dont value this 'ecomomy' or have the slightest clue why the 'economy' is what it is right now or how an 'economy' truly grows.

Spoiler alert: An economy never becomes prosperous through handouts and an inflationary credit system with tens of trillions in debt. All that does is create a manufactured recession every 10-20 years to keep the hamster wheel running, rinse and repeat. It also will never function with socialism so all the idiot droned out socialst fanboys out there, you are part of the problem why this country has gone to hell. Our school system is now even one of the worst in the world and proof of that is the drones out there today. This country is living in a massive illusion at the moment with deluded citizens and its really only a matter of time until it hitd the fan. Just waiting on the foreign investors to finally pull the plug. Until then, this is far from a 'great' country.
Any private business open to the PUBLIC (ie. droned out casinos) cannot have a criminal trespass enforced against an individual without GOOD CAUSE (Disruptive or Disorderly conduct). You will never go to prison for being thrown out of a casino for legal advantage play and then returning because it's simply unconstitutional 'as applied' to the individual. 'As applied' constitutional issues must FIRST be raised in DISTRICT COURT (trial court) to have it thrown out. You CANNOT raise it on APPEAL This is the best kept secret in the world of casinos not just in Vegas but everywhere in the country. Thank me later.
MrV
MrV
Joined: Feb 13, 2010
  • Threads: 310
  • Posts: 6775
November 24th, 2018 at 9:17:26 AM permalink
Quote: ZenKinG

This country is living in a massive lie at the moment and its really only a matter of time it blows up. Just waiting on the foreign investors to finally pull the plug. Until then, this country is living in a massive illusion of wealth and being a 'great' country.





"What, me worry?"
unJon
unJon
Joined: Jul 1, 2018
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  • Posts: 932
November 24th, 2018 at 9:25:58 AM permalink
Quote: ZenKinG


Spoiler alert: An economy never becomes prosperous through handouts and an inflationary credit system with tens of trillions in debt. All that does is create a manufactured recession every 10-20 years to keep the hamster wheel running, rinse and repeat. It also will never function with socialism so all the idiot droned out socialst fanboys out there, you are part of the problem why this country has gone to hell. Our school system is now even one of the worst in the world and proof of that is the drones out there today. This country is living in a massive illusion at the moment with deluded citizens and its really only a matter of time until it hitd the fan. Just waiting on the foreign investors to finally pull the plug. Until then, this is far from a 'great' country.



I didn’t make you for an Austrian.

“Credit expansion can bring about a temporary boom. But such a fictitious prosperity must end in a general depression of trade, a slump.” - von Mises
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
TigerWu
TigerWu
Joined: May 23, 2016
  • Threads: 17
  • Posts: 3188
November 24th, 2018 at 9:35:34 AM permalink
Quote: ZenKinG

Just waiting on the foreign investors to finally pull the plug. Until then, this is far from a 'great' country.



Foreign investors pulling the plug would be terrible for our country.
TwelveOr21
TwelveOr21
Joined: Nov 18, 2018
  • Threads: 0
  • Posts: 7
November 24th, 2018 at 1:10:13 PM permalink
Quote: TigerWu

Foreign investors pulling the plug would be terrible for our country.



That's a good point actually. Risk of Ruin would be very high... Gotta keep those foreign investors happy.

I still recall that fearless leader Trump mention that he was going to restrict foreign trade ;)... All part of his make America great again strategy.
And the great wall of Mexico.. to be built by Mexico.

I'm surprised those investors haven't pulled the plug already.

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