If you purchase a $265,000.00 home with a 7% interest rate on a 30-year mortgage, you would pay approximately $634,374.00 over the lifetime of the loan. This means your house would have to appreciate to nearly $700,000.00 for you to make a profit if you sold it after the loan term.
The good news is, artificial intelligence is expected to replace 375 million jobs (14% of the global workforce) by 2030. So things are going well in that department.
As a comparison, the Virginia opossum is about the size of a domestic cat and is known for its hairless, prehensile tail and sharp claws with opposable thumbs.
The other day, the elderly checkout lady at the grocery store told me she only had $40.00 in her bank account. I don’t know why she told me that. We don’t talk much—mostly just in passing.
In 2008, widespread selling of high-interest, subprime mortgages caused a housing bubble, which eventually burst and created an economic disaster. Nearly 10 million Americans lost their homes to foreclosure.
On top of that, Virginia opossums are omnivores and opportunistic feeders. Their diet includes insects, small animals, fruits, grains, and even carrion and garbage.
So I’ve been putting everything on my credit card because I get 5% cash back. I also pay 24% interest on that card. But I’m sure I’ll be saving money somehow. The math checks out.
And then, God said, “Each man strap a sword to his side. Go back and forth through the camp from one end to the other, each killing his brother and friend and neighbor (Exodus 32:27).”
Nonetheless, I've been praying a lot—for my brothers, for my friends and neighbors, for the economy, for the future of our species, for animals crossing highways. But I haven't been praying to that God; I've been praying to some other god who isn't into murder and genocide.
Really, I just wanted to tell you that I’ll be taking some time off to work on my memoir—A Brief and Exceedingly Long History of the Virginia Opossum—and I wanted to ask if you would mind doing me a favor and letting me know if interest rates come down . . .
Love it.
Very humorous, makes you think.
“Each man straps a sword to his side. Go back and forth through the camp from one end to the other, each killing his brother and friend and neighbor (Exodus 32:27).” This was the order by Moses to kill those who had been worshiping the Golden Idol. I think.