"Everyone is buying boats'"during the pandemic, and it's causing a short supply

[smj]

Originally Posted by Chief Brody

Dictated by supply and demand.







They are free to vote with their feet and work elsewhere.

And that’s the attitude that brought unions into existence.

[Chief Brody]

Originally Posted by smj

And that’s the attitude that brought unions into existence.

What on earth has that got to do with the price of bread?

[smj]

Originally Posted by Chief Brody

What on earth has that got to do with the price of bread?

Think about it

[Chief Brody]

Originally Posted by smj

Think about it

No, you think about it. You're the one who can't tell the difference between Socialism and Social Democracy.

But whilst you mentioned "unions", where are they now eh? Yeah...the Unions got the pay and conditions back in the 70s but to the point that all the jobs moved to India, China, Vietnam, Japan, Mexico et al...think about that. Where are the unions in China eh? China has a socialist economy.

[Saleen411]

Yet another thread that has gone off the rails....

[wolfgal]

sorry guys, reading through here and feel like saying what i think. am bringing my own broom:


it is so curious how so many folk turn a blind eye to the wealth gap.

it is as if people fear, that by admitting to a wealth gap, capitalism itself would be threatened. and, for so many, to admit there is a huge wealth gap would itself be unpatriotic.

and so, to show how patriotic they are, folks run straight for that bag of tricks (pull out socialism, pull out communism, wave red flags).

it is always the same conversation, and it is so boring... can folks not move beyond this?


can folks ask questions that could unite "we the people" and find solutions that have a positive impact?

for instance, what if we were to weed capitalism of crony capitalism?
is this question unpatriotic?
would it threaten capitalism?
would it have a positive impact for "we the people"?



https://en.wikipedia.org/wiki/Wealth...ted_States.png


my apologies to the moderators.




wolfie

[Carl-T705]

Originally Posted by Singularity

The supermajority of folks are mooring balls on tethers made incrementally shorter by debt burden. It's always been this way. So, no, it does not seem like rising tide lifts all ships. Rather, it drowns mooring balls that the ships rely on. Of course when such mooring balls are ubiquitous at low cost, ship-owners don't need to worry so much about drowning mooring balls. But sooner or later, at some tipping point, there aren't enough mooring balls to service the ships.

Consider reading/reading about this book: Capital in the Twenty-First Century.

Yeah I suppose if you consider yourself a mooring ball you are screwed. There are too many immigrants that come to the US and thrive. I deal with them on a weekly basis. If you're in a depressed area , get the hell out . If people are afraid to vacate the " hood" because they have taken root there, what can they expect how many successful people have stayed where they were born and became successful? Not many in fact very few and none that I know . If you're not willing to chase an opportunity, then stay in your comfort zone and whine with the others that the world is screwing you. If you have been brained washed to believe college is the magic wand of success, you're screwed from the start and saddled with a quarter million dollars of debt and of course no job. So that much debt, no job, why not add a 40K f150 and a 300k house. And the guy or gal you marry comes with the same amount of baggage. .As far as engineers, they never have job security any more than a rock star . Because someone is always competing for what they have, and they turn them out of college about twice a year. Unless they can build a better cheaper burger, they will be replaced . Career engineers are always looking for a new gig.

[Lazerbrains]

This thread is way off the rails, but to bring it back on topic....

Sold my well outfitted 30ft sailboat 3 weeks ago and it was an absolute feeding frenzy of. buyers. I had 15 buyers lined up to see it, and had scheduled 6 in a row the first day - second person who looked at it bought it on the spot. Several of the buyers had told me they had been trying to buy for months only to have a boat sold before they could even look at it. My surveyor said he was booked for 6 weeks straight because of all the buying activity. This is in S. California, BTW, so not sure if it is nationwide, but the article certainly rings true in my neck of the woods.

[tomfl]

While I have not noticed a huge issue with the supply of boats causing a big increase in prices the same thing can not be said for firearms, as well as ammunition for firearms.

Shelves are empty hours after gun shops restock them. Prices for ammunition have literally doubled and still sellers can't keep them in stock.

There also seems to have been an increase in tragic boating accidents resulting in owners losing their firearms and nothing else.

[smj]

Originally Posted by Chief Brody

No, you think about it. You're the one who can't tell the difference between Socialism and Social Democracy.



But whilst you mentioned "unions", where are they now eh? Yeah...the Unions got the pay and conditions back in the 70s but to the point that all the jobs moved to India, China, Vietnam, Japan, Mexico et al...think about that. Where are the unions in China eh? China has a socialist economy.

Once again, think about it

[smj]

Originally Posted by tomfl

While I have not noticed a huge issue with the supply of boats causing a big increase in prices the same thing can not be said for firearms, as well as ammunition for firearms.



Shelves are empty hours after gun shops restock them. Prices for ammunition have literally doubled and still sellers can't keep them in stock.



There also seems to have been an increase in tragic boating accidents resulting in owners losing their firearms and nothing else.

Bring firearms into an already inflamed of topic thread......I know you well enough to think maybe your stirring the pot.[emoji38][emoji38][emoji38]

[Lake-Effect]

Originally Posted by MicHughV

we should be thankful for the millionaires and billionaires of the world....they provide work for 10,000's of thousands of people...

Here's what some billionnaires think about the current system.

[tomfl]

Originally Posted by smj

Bring firearms into an already inflamed of topic thread......I know you well enough to think maybe your stirring the pot.[emoji38][emoji38][emoji38]

As far as I know nothing compares to the increase of small arms sales and it seems to be a direct result of the pandemic. I can remember when Obama was first elected and there was wide spread agreement he was responsible for more gun sales than anyone in history.

But I have never seen anything to compare with the current increase in gun and ammo sales. A big difference in what happened with Obama's election and now is that liberals (who seem to be shocked that they can't just walk in a store and buy a gun) and minorities seem to be a driving force and what I will call traditional gun buyers are mostly not doing anything different (except complaining about the higher prices and shortages).

On the other hand I still see what I call a decent supply of boats for sale. Maybe they are being sold for closer to asking prices. But as you know I am still in the market for an fboat. I know of one in Houston that interests me, and a few being handled by brokers in Florida. Prices have remained the same as before the pandemic. I still would rather go to Europe and buy an fboat there for the canals and Med; but that is a no go and seems to be so for a while.

I do get it that guns are almost a sensitive topic as anchors; but I have not noticed any increase in anchor prices.

[r2sail]

Originally Posted by Chief Brody

Sweden = Social Democracy
Venezuela = Socialism

No Venezuela is a dictatorship socialism

[poiu]

Boat sales are booming in the high end cruisers market. Boat stock is low and prices high.

It also so in the housing market, in the investment market too. Just look at equity values. Apple at $2tn. Nuts. It’s a bubble pumped up by desperate central bankers. The underlying fact is that 20% of the real economy has evaporated. Travel, hospitality, tourism, entertainment etc. Unemployment is deferred by the money printing and you cannot do that for long without a burst bubble, or inflation then a burst bubble.

Those boats and houses are being sold off a crazy over inflated stock market and personal balance sheet and a temporary government prop everyone thinks will last forever. Imagine if those values were down by a third or half. How would you cope? If you lost your job too and we’re forced to cash in your devalued assets.

I think it will get ugly. End of November possibly.