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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: jerryab   😊 😞
Number: of 4460 
Subject: Re: Asking for each of your takes
Date: 08/26/25 12:04 PM
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They can make it up on volume? Supposedly, there are tens of millions they could strip and deport.

That it the problem. If they did "tens of millions", then so many assets hitting the market would drive down prices massively--and reduce the amount received to an amount that would not be worthwhile. Then, with property values down so much, they would turn into instant slums. Employers leave, and so do the jobs. Then cuts to police, fire, and so on based on falling tax revenues (sales taxes DOWN, inventory taxes DOWN, payroll taxes DOWN, and so on).
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