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Thread: reality

  1. #1

    Default reality

    here we are locked in and even when we would not be nobody would come out because of the Northeastern damn cold wind , The media in general were very optimistic about the economy, trying to keep spirits high, but the last days lay offs in big well known companies are getting closer to the frontpages and perturbing the minds of everybody, governmental and bureaucratic idiotic mistakes add to the growing corona fed-up attitude.

    It is clear that little by little people are awakening from these coronaholidays and start getting fed up with the daily governpmental circus and contradicting specialists of all kind.

    Reality comes knocking at our door. Here one of our biggest banks bank stated that one fifth of the people having a housing loan ( mortgage ) asked for a payment delay.

    Maybe some try to profit from the situation as always but however, there isn't smoke without fire and one fifth isn't a small anount.
    Reality means that the banks too will have a tough time ( and i do not think it are only the mortgage payments which are suffering ).
    When well paid worlkers are laid off, the whole system starts suffering and I do not think that this country is an exception.
    Probably the population of the northern countries has more debt than ex.g. the german or italian ( they are bigger savers, i guess less forward indebted ).

    Whatever, realityproblems are in front of us, certainly everywhere and the problems are certainly biggest in big towns. People, companies will be starving for revenue.

    We will see how everything pans out, but prospects are not very bright IMO. As already stated, i expect prices to drop like stones out of the sky when everything reopens.

    Maybe time to go shopping for a new car ( except one made the month of the reopening of the mill , i will pay attention to that feature ).

    Golditiki2+++

  2. #2
    Join Date
    Jun 2014
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    3,458

    Default

    Quote Originally Posted by golditiki2 View Post
    here we are locked in and even when we would not be nobody would come out because of the Northeastern damn cold wind , The media in general were very optimistic about the economy, trying to keep spirits high, but the last days lay offs in big well known companies are getting closer to the frontpages and perturbing the minds of everybody, governmental and bureaucratic idiotic mistakes add to the growing corona fed-up attitude.

    It is clear that little by little people are awakening from these coronaholidays and start getting fed up with the daily governpmental circus and contradicting specialists of all kind.

    Reality comes knocking at our door. Here one of our biggest banks bank stated that one fifth of the people having a housing loan ( mortgage ) asked for a payment delay.

    Maybe some try to profit from the situation as always but however, there isn't smoke without fire and one fifth isn't a small anount.
    Reality means that the banks too will have a tough time ( and i do not think it are only the mortgage payments which are suffering ).
    When well paid worlkers are laid off, the whole system starts suffering and I do not think that this country is an exception.
    Probably the population of the northern countries has more debt than ex.g. the german or italian ( they are bigger savers, i guess less forward indebted ).

    Whatever, realityproblems are in front of us, certainly everywhere and the problems are certainly biggest in big towns. People, companies will be starving for revenue.

    We will see how everything pans out, but prospects are not very bright IMO. As already stated, i expect prices to drop like stones out of the sky when everything reopens.

    Maybe time to go shopping for a new car ( except one made the month of the reopening of the mill , i will pay attention to that feature ).

    Golditiki2+++
    Malinvestment EVERYWHERE...No buyers because debt for the people is too high for the 99%.
    Stock Markets will rise to new highs though, free money baby.

  3. #3

    Default

    Quote Originally Posted by DutchSilver View Post
    Malinvestment EVERYWHERE...No buyers because debt for the people is too high for the 99%.
    Stock Markets will rise to new highs though, free money baby.
    i read the newspapers of more than one country and in lockstep everybody want now to lift the lock - in and get people back to work. I guess that the Masters behind the curtains are stiff with awe, because they start understanding what a loss this mess means and how much the accumulating damage will cost.

    Here the coronavirus incites a shipyard making the finest passangerships ( if the french yards do not steal the blueprints ) to lay off 450 people and shove the building of the ships in the orderbook into the future, inducing a remodeling of the workingspeed and manhours. Read today that if the yard ges broke it will affect about 30.000 people....

    This is only one relatively small shipyard, so one can imagine what the consequences are when whole industrial clusters are hit.

    I cannot believe "some" trillions will be enough to revive the economy and the Masters realize that the magnitude of the money needed is gonna be INSANE.

    That's why EVERYWHERE the worldmediaorchestra now sings BACK to JOB....

    Golditiki2+++

  4. #4
    Join Date
    Jan 2010
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    13,314

    Default

    The US constitution has been “tested” for both its limits and the people willingness to defend it. It’s not fairing too well.

    It’s one thing to stay at home because it’s cold and you want to. It’s another that the government will not let you assemble and/or choose if you wish to go out or not and to shut down all the places you could go if you wished to.
    Who are the righteous? ....Markpti

    What value did Burisma think to gain by hiring Hunter Biden as a Board member vs ALL other choices?

    Those who cannot articulate the other argument do not fully understand their own argument.

    "Much can be done by wise legislation and by resolute enforcement of the law. But still much more must be done
    by steady training of the individual - in conscience and character...." .......T. Roosevelt

  5. #5
    Join Date
    Nov 2008
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    2,178

    Default

    Quote Originally Posted by Markpti View Post
    The US constitution has been “tested” for both its limits and the people willingness to defend it. It’s not fairing too well.

    It’s one thing to stay at home because it’s cold and you want to. It’s another that the government will not let you assemble and/or choose if you wish to go out or not and to shut down all the places you could go if you wished to.
    As well as the social media tech giants and MSM are colluding with the establishment powers that be to effectively ban freedom of speech and freedom to assemble. Of almost all the MSM anchors Tucker Carlson is perhaps the only one who seems to remain someone unbiased and is not a strong propagandist like all on liberal MSM and some on conservative MSM (such as Hannity).

    https://www.youtube.com/watch?v=1COeQHkVjXs

    First 12 minutes very troubling and worth a view.

  6. #6
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    Jan 2010
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    13,314

    Default

    Quote Originally Posted by ianian View Post
    As well as the social media tech giants and MSM are colluding with the establishment powers that be to effectively ban freedom of speech and freedom to assemble. Of almost all the MSM anchors Tucker Carlson is perhaps the only one who seems to remain someone unbiased and is not a strong propagandist like all on liberal MSM and some on conservative MSM (such as Hannity).

    https://www.youtube.com/watch?v=1COeQHkVjXs

    First 12 minutes very troubling and worth a view.
    I’ve gotten to like the Carlson show. I wonder how much he personally has to do with the production of content. But, I am, somewhat impressed. I do find some “thought” as opposed to just “schtick” in his efforts.
    Who are the righteous? ....Markpti

    What value did Burisma think to gain by hiring Hunter Biden as a Board member vs ALL other choices?

    Those who cannot articulate the other argument do not fully understand their own argument.

    "Much can be done by wise legislation and by resolute enforcement of the law. But still much more must be done
    by steady training of the individual - in conscience and character...." .......T. Roosevelt

  7. #7

    Default

    i fear that the "Fed" will rip the carpet from under Trump's feet before the elections. That's why I do not trust this artificial ridiculous irrealistic situation.

    Golditiki2+++

  8. #8
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    13,314

    Default

    Quote Originally Posted by golditiki2 View Post
    i fear that the "Fed" will rip the carpet from under Trump's feet before the elections. That's why I do not trust this artificial ridiculous irrealistic situation.

    Golditiki2+++
    Genuine fear, IMO. Intentional or not, I can imagine that the Narrow Elite around the globe could accept a “condition” escapes China (Wuhan) and find’s its way around the main economies resulting in global economic destress for which Trump is blamed, (for his unpreparedness share), and to destroy the US economy and subdue the US to China’s domination.

    People die? Who cares. I think we’ve seen WHO “cares” more about China’s welfare and interests than in any other nation, particularly the US’s.

    Once the economic battlefield is cleared and (in their mind) Trump is defeated, the battle and objective is won.

    In two years, who, among the rest of the world would care or what “could” anyone (if they cared) do?
    Who are the righteous? ....Markpti

    What value did Burisma think to gain by hiring Hunter Biden as a Board member vs ALL other choices?

    Those who cannot articulate the other argument do not fully understand their own argument.

    "Much can be done by wise legislation and by resolute enforcement of the law. But still much more must be done
    by steady training of the individual - in conscience and character...." .......T. Roosevelt

  9. #9
    Join Date
    Jan 2017
    Posts
    4,129

    Default

    Road to recovery
    -------------------

    GDP in 2020 and 2021....forecast % change

    https://advisor.visualcapitalist.com...omic-forecast/

  10. #10

    Default

    Quote Originally Posted by golditiki2 View Post
    i fear that the "Fed" will rip the carpet from under Trump's feet before the elections. That's why I do not trust this artificial ridiculous irrealistic situation.

    Golditiki2+++
    Why would you "fear" that? It's artificially propped up as it is. Who gives A flip about twumpy. You should worry more about our future being destroyed to fund this fake rally.

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