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The Erick Erickson Show

S11 EP96: Hour 2 - Davos Dumb

The Erick Erickson Show

Erick Erickson

News, News Commentary

4.5874 Ratings

🗓️ 24 May 2022

⏱️ 39 minutes

🧾️ Download transcript

Summary

The world economic forum lays out its disinformation of insanity for all to see and democrats are desperately spinning inflation as a good thing while it’s ravaging the country.

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Transcript

Click on a timestamp to play from that location

0:00.0

Hello there. It is Eric Erickson here. The phone number is 8779774-24-25. Should you wish to be a part of this here program?

0:17.3

You know, I'm exchanging messages with someone about home sales and talking about the cash home sales.

0:25.0

You know, Purdue, for example, had somebody show up at his house and offer cash and took it.

0:31.1

You know, we actually had two separate realtor groups for our house make cash offers that were about $200,000

0:42.4

more than what even I think our house is worth.

0:48.0

Cash offers.

0:49.9

And I was really tempted to take them, except there would be absolutely no place to move.

0:57.5

I mean, we don't have a giant house, but I couldn't find one that size for a reasonable

1:05.1

price anywhere near where we lived.

1:08.4

So there was no point in even taking the cash.

1:10.3

I would have loved to have taken the cash offer. There's just absolutely no reason to do it, though. It would have been insane. We would have had to go find a double wide somewhere. And I think the double wides right now are about the price of our house. There's just, there's no point. It's a bizarre market. And all of these social media companies I was talking about before we left the program,

1:27.9

Hi, how are you? It's Eric Erickson here. The phone number 8779773-725. As I was saying to the end of the last hour,

1:37.9

all these social media companies, stocks are crashing because it appears a recession is coming.

1:43.2

And so many of these tech companies,

1:44.7

as their bubble bursts, they've woven themselves into the housing market in different ways.

1:50.2

And everything's going to collapse. You've got a lot of companies that have been relying on

1:56.6

tech companies to do automated home buying and essentially snap up houses before homeowners

2:04.6

can get them, forcing homeowners into tenancy.

2:07.3

All of this stuff is going to start collapsing now as advertisers are starting to pull back

2:11.8

and the whole economy is going to go into turmoil.

2:18.6

Prepare yourselves.

2:28.2

Now, I would like to talk about something else.

...

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