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3. Link that to the real estate market and they might be on to something.
Wed Dec 4, 2024, 12:20 PM
Dec 4

Gotta park all that cash somewhere. Construction booms in major cities are usually underwritten by massive amounts of filthy money. See Miami and London for glaring examples, but it's hardly limited to those two burgs. DJT's history intersects directly here, dating back to days when there were one or two fewer zeroes at the end. All facilitated by a more-than-willing banking and investment industry who are major campaign donors. Ever wonder why housing costs outpace inflation in "boom markets?"

And then there's crypto, which is the newer, easier medium of transporting dirty money for laundering. It''s not good for much else, other than for purchases of contraband (drugs, children for sex, slave workers, illegal arms shipments to nefarious entities, etc.), purchases of which add to the churn. BTW, what are your local legislators' positions on crypto?

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