Boudrias Posted March 17, 2020 Share Posted March 17, 2020 2 hours ago, nuckin_futz said: 2008 was a problem of credit freezing and debt. They wallpapered over the problem in 2008 with mountains of debt. We basically have all these zombie companies running around, who exist solely to service their debt. Like the smaller oil companies. Let me explain it like this. It's like if a car crashed into your house and instead of fixing the hole, you just wallpapered over it. And pretended everything was fine. Eventually you have to fix it or demolish the house. If they can't reinflate we will have to face our debt demons. People should stop and think about what you just said. Reinflate! There is really no other option as the level of debt exceeds the ability to pay. Many people I talk to don’t have assets other than their homes so finance is something they don’t dwell on. What they don’t understand is the hidden tax of inflation. All their costs will increase. Imagine a 5 or 10% increase in your cost of living. That will be tame compared to what could happen. All politicians left or right bear responsibility for not explaining this scenario. 1 Link to comment Share on other sites More sharing options...
Boudrias Posted March 17, 2020 Share Posted March 17, 2020 1 hour ago, Kanukfanatic said: The entire financial system is made up and based on nothing. It keeps the hoards of people under control. There is a very thin line keeping people in line and waking up and going in to work everyday. It will be interesting to see what the powers will do over the next weeks. I would go back and review the economics of a lemonade stand if you think ‘the financial system’ is based on nothing. Seriously? Link to comment Share on other sites More sharing options...
Fan since 82 Posted March 17, 2020 Share Posted March 17, 2020 On 3/16/2020 at 4:50 PM, FilthyRich said: Melmackians have immunity though? You could be the key to a vaccine! Too bad we'd have to kill him in order to produce enough vaccine for us humans! We appreciate your sacrifice Alf! Link to comment Share on other sites More sharing options...
Popular Post PhillipBlunt Posted March 17, 2020 Popular Post Share Posted March 17, 2020 7 minutes ago, nuckin_futz said: A buddy of mine in the states said his gf's sister and her husband think this is all a big hoax. Just a conspiracy to limit freedoms. So they went to Vegas for his poker tournament. Then they're posting pics all over Facebook and Instagram of them tearing it up the clubs. Having a great time. Extolling people to live their lives and all this 'yolo' nonsense. Guess what? They are home now and sick as dogs. Guess some people have to learn the hard way. Hope they didn't infect others but it's hard to see how they couldn't have. &^@#ing morons those two are. Just absolute oxygen thieves. 3 2 Link to comment Share on other sites More sharing options...
nuckin_futz Posted March 17, 2020 Share Posted March 17, 2020 3 minutes ago, Boudrias said: People should stop and think about what you just said. Reinflate! There is really no other option as the level of debt exceeds the ability to pay. Many people I talk to don’t have assets other than their homes so finance is something they don’t dwell on. What they don’t understand is the hidden tax of inflation. All their costs will increase. Imagine a 5 or 10% increase in your cost of living. That will be tame compared to what could happen. All politicians left or right bear responsibility for not explaining this scenario. I believe it was you who said you push for schools to teach basic financial competence in schools. There is a reason they don't. They don't want people to question the system, They want to breed obedient mules for the purpose of taxation. Watch the bond market and rates very carefully. The Japanese 10yr bond now has a positive yield. The powers that be are playing a very dangerous game. If inflation and increasing rates are the outcome it's game over. When you're trillions in debt you can't be paying 3,5,10% on that debt. 1 1 Link to comment Share on other sites More sharing options...
Darius Posted March 17, 2020 Share Posted March 17, 2020 Just got back from the cambie liquor store (popped in there as I had an appointment nearby)...its mayhem....couldnt even buy goofy boxed wine as they were out. Heard that they are shutting down the government liquor stores as of tomorrow. Aint leaving my house for a long time now. Link to comment Share on other sites More sharing options...
RUPERTKBD Posted March 17, 2020 Share Posted March 17, 2020 11 minutes ago, nuckin_futz said: A buddy of mine in the states said his gf's sister and her husband think this is all a big hoax. Just a conspiracy to limit freedoms. So they went to Vegas for his poker tournament. Then they're posting pics all over Facebook and Instagram of them tearing it up the clubs. Having a great time. Extolling people to live their lives and all this 'yolo' nonsense. Guess what? They are home now and sick as dogs. Guess some people have to learn the hard way. Hope they didn't infect others but it's hard to see how they couldn't have. Unfortunately, not everything that happens in Vegas, stays in Vegas.... 2 Link to comment Share on other sites More sharing options...
RUPERTKBD Posted March 17, 2020 Share Posted March 17, 2020 2 minutes ago, Darius said: Just got back from the cambie liquor store (popped in there as I had an appointment nearby)...its mayhem....couldnt even buy goofy boxed wine as they were out. Heard that they are shutting down the government liquor stores as of tomorrow. Aint leaving my house for a long time now. I picked up some extra "supplies" last weekend in anticipation of just that.... 2 Link to comment Share on other sites More sharing options...
-DLC- Posted March 17, 2020 Share Posted March 17, 2020 1 hour ago, coastal.view said: i use it extremely rarely myself but some just echo repeatedly the same stuff and it does tire me particularly on some trumpian issues i simply refused to "clam" Revealing. So you keep putting "them" in quotations like you're trying to make this something it's not. It's not "us vs them" it's about lowering numbers and chances. Not sure if you understand it as well as you think or how you're excluding yourself from the "some just echo". Here's a situation: a guy has to go fill his elderly Dad's prescription...no one is in the store but a guy from WA state comes in and stands right behind him, coughing. Turns out he has the virus but doesn't know it. So it doesn't make a difference that that guy was in that place? And if he wasn't "here" wouldn't have been? You're basing this on us having complete control over what others do....some will stand too close. Cough as they walk toward you (zig when they should zag because they're on their phone). We can control what we do, not what "they" (others) do. Every door handle that's touched has potential. Elevator button. So the more people that touch it, the more that increases. It's simple math. You're also sounding like every single person will get this - they won't. So you're increasing the odds for some by putting people who don't live here in the equation unnecessarily. I am at work and just checked in but it's funny that there are some "echoing" the same thing, yes. Think about that. 2 Link to comment Share on other sites More sharing options...
coastal.view Posted March 17, 2020 Share Posted March 17, 2020 1 hour ago, milk and honey said: Except there are more people in our country where we don't know who they were around and if they are sick or not unless we test them at boarders and airport. It makes sense that we shut the boarder. Not like we are the first country to do so either. Basically the whole world is on shut down mode. I'm not following the politics of this but why on earth would anyone want the boarders open? I totally get closing the boarders. are you more likely to take less precautions with someone who arrives by crossing the border? if not then they present no greater risk then anyone you might meet who is local the virus does not change how it is transmitted depending on where people are from Link to comment Share on other sites More sharing options...
coastal.view Posted March 17, 2020 Share Posted March 17, 2020 (edited) 15 minutes ago, debluvscanucks said: Revealing. So you keep putting "them" in quotations like you're trying to make this something it's not. It's not "us vs them" it's about lowering numbers and chances. Not sure if you understand it as well as you think or how you're excluding yourself from the "some just echo". Here's a situation: a guy has to go fill his elderly Dad's prescription...no one is in the store but a guy from WA state comes in and stands right behind him, coughing. Turns out he has the virus but doesn't know it. So it doesn't make a difference that that guy was in that place? And if he wasn't "here" wouldn't have been? You're basing this on us having complete control over what others do....some will stand too close. Cough as they walk toward you (zig when they should zag because they're on their phone). We can control what we do, not what "they" (others) do. Every door handle that's touched has potential. Elevator button. So the more people that touch it, the more that increases. It's simple math. You're also sounding like every single person will get this - they won't. So you're increasing the odds for some by putting people who don't live here in the equation unnecessarily. I am at work and just checked in but it's funny that there are some "echoing" the same thing, yes. Think about that. could just as easily be a person from vancouver standing behind him and coughing not sure why the person from wa state is special? if you have that level of concern you should isolate yourself more go shopping early when no one else is around i am avoiding people and public places it's just safer Edited March 17, 2020 by coastal.view Link to comment Share on other sites More sharing options...
inane Posted March 17, 2020 Share Posted March 17, 2020 I love that the concept of basic percentages is in question here. lol 1 1 2 Link to comment Share on other sites More sharing options...
-DLC- Posted March 17, 2020 Share Posted March 17, 2020 2 minutes ago, coastal.view said: could just as easily be a person from vancouver standing behind him and coughing not sure why the person from wa state is special? if you have that level of concern you should isolate yourself more go shopping early when no one else is around i am avoiding people and public places it's just safer Maybe take a breather...we all know your stance on this by now. In my scenario it's NOT a person from Vancouver but that doesn't work for you so ignore it ... I think you're enjoying this far more than others are so maybe just let it simmer awhile? 1 Link to comment Share on other sites More sharing options...
EmilyM Posted March 17, 2020 Share Posted March 17, 2020 1 minute ago, debluvscanucks said: Maybe take a breather...we all know your stance on this by now. In my scenario it's NOT a person from Vancouver but that doesn't work for you so ignore it ... I think you're enjoying this far more than others are so maybe just let it simmer awhile? I think it's a lost cause trying to get a certain percentage of the population to understand exponential growth 1 1 Link to comment Share on other sites More sharing options...
wloutet Posted March 17, 2020 Share Posted March 17, 2020 Almost all Math courses in BC now have a "financial literacy" section, and have had for a year or two. "Fake news" that schools do not teach about finance. How much is learned though, is a different topic! Link to comment Share on other sites More sharing options...
PhillipBlunt Posted March 17, 2020 Share Posted March 17, 2020 (edited) 17 minutes ago, coastal.view said: are you more likely to take less precautions with someone who arrives by crossing the border? if not then they present no greater risk then anyone you might meet who is local the virus does not change how it is transmitted depending on where people are from The virus, however, is more prevalent when there are more people in an area. So, using basic math, if people come visiting BC (for whatever insane reason drives them to at this point) from Washington, they are adding themselves to a population already here. And they aren't having their temperature taken at the border either. Adding people from an area where infections and deaths have already occurred is not the best idea at all. It's a bad idea. It's not about the individual, it's about the numbers. Like @inane said, arguing percentages makes zero sense. Edited March 17, 2020 by PhillipBlunt 1 3 Link to comment Share on other sites More sharing options...
Tortorella's Rant Posted March 17, 2020 Share Posted March 17, 2020 1 minute ago, wloutet said: Almost all Math courses in BC now have a "financial literacy" section, and have had for a year or two. "Fake news" that schools do not teach about finance. How much is learned though, is a different topic! High school? Because I was there a decade ago and they were still wasting your time with sine and cosine like anybody cares. Link to comment Share on other sites More sharing options...
-DLC- Posted March 17, 2020 Share Posted March 17, 2020 13 minutes ago, coastal.view said: not sure why the person from wa state is special? EXACTLY...your own words. They're not...so they should have to abide by the same "stay at home" rules we all are trying to.... Link to comment Share on other sites More sharing options...
-Vintage Canuck- Posted March 17, 2020 Share Posted March 17, 2020 1 Link to comment Share on other sites More sharing options...
aGENT Posted March 17, 2020 Share Posted March 17, 2020 11 minutes ago, coastal.view said: not sure why the person from wa state is special? Perhaps because, the last time I looked Washington had the highest counts of confirmed cases of any US state. It's exploding there more than any other state in the US. Even more than New York or California. The odds someone coming through/from Washington have come in to contact with someone with the virus are higher than anywhere else in North America. Freely letting a higher risk population across our border, increases our risk and exposure. That said, I doubt many people are even traveling right now but still, that they're still freely able to is a bit boggling. Link to comment Share on other sites More sharing options...
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