Australia's largest stock trading and investment forum Australia's #1 stock forum

Lets not talk wokeness on this thread, shall we. Social media is...

First 21600 Last

Share
Profile

Follow
1ronnie

21,610 Posts.

2005

01/05/24

14:24

Post #: 73609710
Share

Originally posted by nippy ↑

The trigger for a collapse may be WOKENESS!

Now hear me out as a few steps are involved >

1) relax drugs laws and decriminalize drug taking and open drug taking booths in the city.
2) go soft on crime and do nothing to stop shoplifting let alone charge anyone for it.
3) shop lifting gangs spring up and do raids on stores stripping them bare in some cases and getting away with same Scott free.
4) upon seeing this, same spreads throughout the city.
5) slowly shops stop trading and close their doors.
6) the remaining shops cop the full brunt of the shoplifting action, and they close too shortly after.
7) an entire cities central business district shops are closed. The city is heading towards becoming a ghost town shortly after.
8) The vacant shops were mostly at the bottom of office towers and were paying high rents for the 'good location'.
9) the owners of those buildings really needed that rent to be paid as they already had high office vacancies which were still going up due to the ghost town developing.
10) the building owners can't make their own loan repayments any longer so hand the keys to the bank.
11) the property value has diminished greatly in value ( 70-80% now ) and the bank also has to close it doors.
12) the escalation continues across the country.

Expand

Lets not talk wokeness on this thread, shall we.

Social media is the curse.
2 Upvote

0 Great analysis

Reply