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alstry (35.68)

Alstry is Your Guide To The 21st Century....

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May 28, 2011 – Comments (7)

Remember when I told you a College Education would be deemed a waste of money...

Now the mainstream is finally picking up on it.....

http://www.marketwatch.com/story/college-is-a-scam-lets-make-some-money-off-it-2011-05-26?link=mw_home_kiosk

Remember when I told you that we would be slashing millions of jobs from obsolete Health Care, Government, and Education models....

Well it is happening now and occuring across the nation in increasing numbers each week.

Fairview Health Services - 240

Remember when I told you that currency would be digital and gold, silver, and paper would soon be relics.....

The transition to digital money is occuring rapidly as Google will implement Google Wallet later this summer and others are joining in too...including Facebook and Apple.

Remember when I warned you that real estate would have little or no value....

Real estate values have been dropping steadily since I started blogging on their way to no value.

My friends...the Industrial Age is going bankrupt and we are growing into a SUSTAINABLE Digital Age......it is not the end of the world.....just the end of a world as you knew it.....and the beginning of the Udder World......a world of SUSTAINABLE prosperity.

And as soon as they turn off the colocated exchange floor computers responsible for most of the current trading volume....expect much of the current artificial publicy traded stock market value to evaporate.

7 Comments – Post Your Own

#1) On May 28, 2011 at 7:08 PM, guiron (21.45) wrote:

Let's see, here are some articles about healthcare industry booming as well as jobs:

http://www.bizjournals.com/louisville/news/2011/05/26/kindred-trilogy-latest-health-care.html

http://www.kfoxtv.com/news/27983876/detail.html

Anyone can cherry-pick news articles to support their opinion. I can't see what value someone like you contributes to this site. All you ever do is shout doom and gloom without contributing one iota of investing or trading advice or analysis. You're a waste of time.

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#2) On May 28, 2011 at 7:11 PM, guiron (21.45) wrote:

By the way, the countries which are starting to experience their own economic booms are sending far more young people to college than we are. Do you think they're foolish, or do you think perhaps we have become so?

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#3) On May 28, 2011 at 7:13 PM, guiron (21.45) wrote:

Real estate values have been dropping steadily since I started blogging on their way to no value.

No value? Let me know when and where I can get some of that free land .Somehow people are still paying rent on worthless property, and the owners of that worthless property are collecting it. I'm sure they're shocked.

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#4) On May 28, 2011 at 7:35 PM, alstry (35.68) wrote:

Actually my partner just gave away a nice piece overlooking Lake Michigan....but I doubt you could afford the property taxes, insurance and maintenance costs....well over $75K per year....and that was land fully paid for in cash.

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#5) On May 28, 2011 at 8:49 PM, guiron (21.45) wrote:

First of all, you have no idea what I can or can't afford, and it's none of your business anyway. Such comments are unnecessary, and I'll never get into that conversation with you.

Some land is worth very little because there is no rent collected and the tax liabilities outweigh the costs. This doesn't mean it has no value, but it's not attractive to investors. You could find such examples at any time throughout our history, if you look around. It doesn't mean the country is going down the crapper. My uncle bought some undeveloped land back in the '70s for $5000, turned around and sold it to developers for $500,000 in five years. People were almost giving it away when he bought it but certainly not when he sold it. The land where I live is worth more than $1M an acre undeveloped. Down a little since the height of the mortgage mess, but not much, and looks like we bottomed out with prices last year. Nobody's giving any away, and renters still have to send in their checks every month.

When you say land prices are going to "no value," you don't sound realistic by any measure, unless you cherry pick examples from depressed areas like Michigan or Montana. This has never happened throughout the country as a whole at any point in our history- not even during the Depression when the banks were foreclosing on dirt farms- and I'd bet good money that it never will.

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#6) On May 28, 2011 at 9:17 PM, L0RDZ (70.86) wrote:

Its a  small breast world ???   but have you noticed that the avg size of the breasts have actually increased a  good one whole cup size ?

 Good news for those  who  like breasts....

Men now more than ever even have their own breasts ?  someone get that  dude a bra  and  a diet coke.... sheshhh...

Al I bet the stock market won't be open on monday :)

its not the end of the world or anything  LOL...

just the end of vvvvvvvvvvv  aaaaaaaaaaaaaaaaaa tttttttttttt    you think  you   know  :)

 

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#7) On May 29, 2011 at 12:29 AM, alstry (35.68) wrote:

It is happening....it will happen......because if investors or others don't want to pay for land....it has no value as value is what one will pay.

Remember...we are still in the early stages of the Industrial Age collapse....as we proceed into the Digital Age....the need for land will deminish dramatically.

Not all land will be worthless....just most.

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