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Author Topic: Economy  (Read 1927 times)

Necrosis

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Economy
« on: July 30, 2020, 11:31:23 AM »
Was that the worst quarterly report in history?

Was handed a great economy and seems to have fucked it.
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Thin Lizzy

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Re: Economy
« Reply #1 on: July 30, 2020, 11:46:34 AM »
Are you talking about Trudeau?



Canadian GDP sees biggest drop ever recorded by Stats Canada - Economy, Law & Politics | Business in Vancouver


https://biv.com/article/2020/06/canadian-gdp-sees-biggest-drop-ever-recorded-stats-canada
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Necrosis

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Re: Economy
« Reply #2 on: July 30, 2020, 12:25:11 PM »
Quote from: Thin Lizzy on July 30, 2020, 11:46:34 AM
Are you talking about Trudeau?



Canadian GDP sees biggest drop ever recorded by Stats Canada - Economy, Law & Politics | Business in Vancouver


https://biv.com/article/2020/06/canadian-gdp-sees-biggest-drop-ever-recorded-stats-canada

 ;D

Touche
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Coach is Back!

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Re: Economy
« Reply #3 on: July 30, 2020, 12:46:37 PM »
Quote from: Necrosis on July 30, 2020, 11:31:23 AM
Was that the worst quarterly report in history?

Was handed a great economy and seems to have fucked it.

And who’s fault is that? Careful with your answer
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IroNat

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Re: Economy
« Reply #4 on: July 30, 2020, 01:25:26 PM »
Quote from: Necrosis on July 30, 2020, 11:31:23 AM
Was that the worst quarterly report in history?

Was handed a great economy and seems to have fucked it.

My mutual funds are doing great.

How are yours?
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Necrosis

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Re: Economy
« Reply #5 on: July 30, 2020, 02:22:10 PM »
Quote from: Coach is Back! on July 30, 2020, 12:46:37 PM
And who’s fault is that? Careful with your answer

who's fault? no one in particular really, its the virus obviously but the buck stops with the president. I think the only way to determine who did a poor job is to compare economies during this period relative to each other, even then its not a clear picture.

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Coach is Back!

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Re: Economy
« Reply #6 on: July 30, 2020, 02:29:57 PM »
Quote from: Necrosis on July 30, 2020, 02:22:10 PM
who's fault? no one in particular really, its the virus obviously but the buck stops with the president. I think the only way to determine who did a poor job is to compare economies during this period relative to each other, even then its not a clear picture.

Actually, the buck stops with the state and local governments. If you’re meaning compare to other presidents, you can’t. This has never happened. It’s only the Dem ran states and cities where economies are still either closed or severe restrictions and it’s only Dem ran states and cities where riots, looting and assaults on cops are happening with stand down orders and them refusing help from the President.

They refused to reopen their economies and they refuse to end the violence. 100% left
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Necrosis

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Re: Economy
« Reply #7 on: July 30, 2020, 02:33:49 PM »
Quote from: Coach is Back! on July 30, 2020, 02:29:57 PM
Actually, the buck stops with the state and local governments. If you’re meaning compare to other presidents, you can’t. This has never happened. It’s only the Dem ran states and cities where economies are still either closed or severe restrictions and it’s only Dem ran states and cities where riots, looting and assaults on cops are happening with stand down orders and them refusing help from the President.

They refused to reopen their economies and they refuse to end the violence. 100% left

christ I thought you could be reasonable lol.

dude, its was 32.9%, its incredible, things are not looking good. It's not one side, to say 100% left shows your extreme bias.
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Coach is Back!

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Re: Economy
« Reply #8 on: July 30, 2020, 03:02:59 PM »
Quote from: Necrosis on July 30, 2020, 02:33:49 PM
christ I thought you could be reasonable lol.

dude, its was 32.9%, its incredible, things are not looking good. It's not one side, to say 100% left shows your extreme bias.

Bear with me because I’m driving using voice to text. Before the economy was shut down the first time we literally had no problems with either our GDP or our economies it was used as an excuse when it was shut down when things started to get better to not re-open the economy’s and As everything starting to open back up again when we started to flatten the curve there was talk about more cases another wave of coronavirus etc. once that started to happen and those rumors started flying it was obvious what was coming this was no secret to anyone that the economiesWe’re purposely going to stay shut and for the restrictions put on the economies as more cases came up which incidentally most are fake numbers as November approaches. Here we are now to this day every prediction that was made to what I just said is coming true and it’s only gonna get worse right up till November
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loco

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Re: Economy
« Reply #9 on: July 30, 2020, 04:13:39 PM »
It's all Trump's fault.  He got corona from Russian hookers, then passed it on to the whole world.
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Thin Lizzy

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Re: Economy
« Reply #10 on: July 30, 2020, 04:22:00 PM »
I said back in March that what this really is about is currency devaluation.

The lockdowns and restrictions are merely a way to prevent against world hyper inflation resulting in chaos. I don’t know about you guys, but I’ve spent less money this summer than I have in any summer in my entire adult life.



The federal reserve chairman tacitly admitted this yesterday.

Powell speech: Pandemic is a disinflationary shock.


https://www.fxstreet.com/news/powell-speech-pandemic-is-a-disinflationary-shock-202007291910


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Coach is Back!

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Re: Economy
« Reply #11 on: July 30, 2020, 04:23:21 PM »
The economy shouldn’t have been shut down from the beginning
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SOMEPARTS

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Re: Economy
« Reply #12 on: July 30, 2020, 08:04:36 PM »
Quote from: IroNat on July 30, 2020, 01:25:26 PM
My mutual funds are doing great.

How are yours?


Deer in the headlights. Truly.  :D
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SOMEPARTS

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Re: Economy
« Reply #13 on: July 30, 2020, 08:06:19 PM »
Quote from: Thin Lizzy on July 30, 2020, 04:22:00 PM
I said back in March that what this really is about is currency devaluation.

The lockdowns and restrictions are merely a way to prevent against world hyper inflation resulting in chaos. I don’t know about you guys, but I’ve spent less money this summer than I have in any summer in my entire adult life.



The federal reserve chairman tacitly admitted this yesterday.

Powell speech: Pandemic is a disinflationary shock.


https://www.fxstreet.com/news/powell-speech-pandemic-is-a-disinflationary-shock-202007291910


But meanwhile they are doubling the money supply and picking the winners to keep the game going.
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loco

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Re: Economy
« Reply #14 on: July 31, 2020, 07:14:54 AM »
Canada's main stock index opens lower; U.S. markets move higher

https://ca.finance.yahoo.com/news/canadas-main-stock-index-opens-135620211.html
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Necrosis

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Re: Economy
« Reply #15 on: July 31, 2020, 10:25:43 AM »
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Humble Narcissist

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Re: Economy
« Reply #16 on: July 31, 2020, 10:33:57 AM »
Quote from: Necrosis on July 30, 2020, 11:31:23 AM
Was that the worst quarterly report in history?

Was handed a great economy and seems to have fucked it.
I hope you are trolling to be different. 
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loco

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Re: Economy
« Reply #17 on: July 31, 2020, 10:49:26 AM »
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Thin Lizzy

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Re: Economy
« Reply #18 on: July 31, 2020, 12:54:29 PM »
Quote from: Humble Narcissist on July 31, 2020, 10:33:57 AM
I hope you are trolling to be different.

Canadians are good people but the country is a lost cause. Had they been allowed to
vote in the 2016 US Election, they would’ve gone 80/20 Hillary.
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Humble Narcissist

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Re: Economy
« Reply #19 on: August 01, 2020, 08:37:03 AM »
Quote from: Thin Lizzy on July 31, 2020, 12:54:29 PM
Canadians are good people but the country is a lost cause. Had they been allowed to
vote in the 2016 US Election, they would’ve gone 80/20 Hillary.
Yep, they elected Trudeau twice.  Hahahahahahahahahahaha
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Necrosis

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Re: Economy
« Reply #20 on: August 02, 2020, 03:51:45 PM »
Quote from: loco on July 31, 2020, 10:49:26 AM
Not clicking that link, not even with a mouse pointer condom.

we shut down across the board and are doing better then the US

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SOMEPARTS

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Re: Economy
« Reply #21 on: August 02, 2020, 08:42:47 PM »
Quote from: Necrosis on August 02, 2020, 03:51:45 PM
we shut down across the board and are doing better then the US


America's soft, fluffy hat.  ::)
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Necrosis

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Re: Economy
« Reply #22 on: August 03, 2020, 05:25:35 AM »
Quote from: SOMEPARTS on August 02, 2020, 08:42:47 PM

America's soft, fluffy hat.  ::)

America is land of the ego and as a country represents the archetype of narcissus.

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Thin Lizzy

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Re: Economy
« Reply #23 on: August 03, 2020, 06:53:40 AM »
Quote from: Necrosis on August 02, 2020, 03:51:45 PM
we shut down across the board and are doing better then the US

Canada doesn’t have a lot of blacks and Hispanics which have been the hardest hit groups.

Congrats on that, by the way.👍
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