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Started By
Message
re: I’m preparing for another ‘wasted’ year..
Posted on 11/13/20 at 1:47 pm to Sigma
Posted on 11/13/20 at 1:47 pm to Sigma
quote:
If a small business closes, you're telling me that the livelihoods of those people who lose jobs is permanently destroyed?
it's not guaranteed but likely. the obligations of that business aren't just going away
sure there are some who aren't in long-term leases or with outstanding debt, but those are the ones holding on who will get wrecked with the 2nd lockdown
0
Posted on 11/13/20 at 1:47 pm to IAmNERD
quote:
and then scream about tyranny while actively cheering for our government to become tyrannical.
They only see it as tyranny when their people are not in charge.
Posted on 11/13/20 at 1:48 pm to LouisianaLady
quote:
People aren't going to just jump back into normal life because we've brainwashed them into thinking its scary out there.
they also won't be jumping back into normal life b/c these shutdowns are going to create depressions
Posted on 11/13/20 at 1:51 pm to SlowFlowPro
it’s going to create stagflation because will will print even more money to subsidize everyone’s existence and unemployment is going to skyrocket once more
And as I’ve said many times, I’m genuinely concerned about the American dollar’s longstanding position as the international reserve currency given the possibility that we simply print out way out of this mess. The digital wallet popularized in China is poised to threaten the international banking landscape eventually and this might expedite that trend.
And as I’ve said many times, I’m genuinely concerned about the American dollar’s longstanding position as the international reserve currency given the possibility that we simply print out way out of this mess. The digital wallet popularized in China is poised to threaten the international banking landscape eventually and this might expedite that trend.
Posted on 11/13/20 at 1:51 pm to NIH
quote:
Y’all realize he’s posting as a leftist so he gets responses ?
I think he believes parts of what he’s saying but he does know what particular things to say to get the most bites. He may be navie but he can’t be nearly as naive as he’s been acting since his return. Especially given his other posts on leftist issues.
Posted on 11/13/20 at 1:52 pm to SlowFlowPro
What’s normal life is going to like going forward is a great question?
Posted on 11/13/20 at 1:52 pm to Ross
tinfoil hat time, but it certainly seems like china has the most to gain from CV19. crazy how that happens
they're buying up distressed assets and companies in the West while making moves to upset the reserve currency status
they're buying up distressed assets and companies in the West while making moves to upset the reserve currency status
Posted on 11/13/20 at 1:56 pm to SlowFlowPro
I think it’s just a fortunate coincidence for them, sincerely.
But I definitely think, as this thread indicates, people have an incredible and unfounded hubris about how much external stress the American economy can take without feeling large scale depression. Most of the business debt in this nation pre-COVID was rated BBB and below because people were leveraging hard because we believed in this economy. These people are going to be absolutely fricked as their businesses close and many of them will be forced into a Chapter 13 or equivalently bad outcome.
But I definitely think, as this thread indicates, people have an incredible and unfounded hubris about how much external stress the American economy can take without feeling large scale depression. Most of the business debt in this nation pre-COVID was rated BBB and below because people were leveraging hard because we believed in this economy. These people are going to be absolutely fricked as their businesses close and many of them will be forced into a Chapter 13 or equivalently bad outcome.
Posted on 11/13/20 at 1:56 pm to SlowFlowPro
quote:
tinfoil hat time, but it certainly seems like china has the most to gain from CV19. crazy how that happens
they're buying up distressed assets and companies in the West while making moves to upset the reserve currency status
It would only be tin foil if you also believed China intentionally created and released the virus.
It’s not tin foil to say China is the winner of all this in the end
Posted on 11/13/20 at 1:56 pm to TexasTiger08
Yes, I too look forward to losing yet another year of my late 20’s while I sit at home alone feeling hopeless, alone, and trapped in an endless loop of isolation, depression, frantic failed attempts at self-improvement, coping through over-indulgence, and self-pity that has consumed my life as all of my hobbies and social activities have been canceled and all potential avenues for career mobility and/or advancement have been stripped.
I will continue to persist, begrudgingly, as I always have: looking forward to a better future that will never arrive, while doing anything possible to escape from my present, thus insuring the future is always more of the same.
I will continue to persist, begrudgingly, as I always have: looking forward to a better future that will never arrive, while doing anything possible to escape from my present, thus insuring the future is always more of the same.
This post was edited on 11/13/20 at 1:58 pm
Posted on 11/13/20 at 1:57 pm to kingbob
We’re all in this together though baw
Posted on 11/13/20 at 2:01 pm to Ross
quote:
people have an incredible and unfounded hubris about how much external stress the American economy can take without feeling large scale depression. Most of the business debt in this nation pre-COVID was rated BBB and below because people were leveraging hard because we believed in this economy. These people are going to be absolutely fricked as their businesses close and many of them will be forced into a Chapter 13 or equivalently bad outcome.
oh yeah it's going to be BAD
when your business closes, very rarely is that the end of things
Posted on 11/13/20 at 2:01 pm to TexasTiger08
THis is the new normal. It’s not going away
Posted on 11/13/20 at 2:05 pm to SlowFlowPro
When you fail, there is no “opting out” of the life that comes after. You don’t get a clean slate to try and start over.
There’s only 3 ways to “opt out” of society, and that’s death, homelessness, or prison. Otherwise, no matter how big you fail, you have to keep limping along for a long time to get back to a state of relative recovery and normalcy. Rock bottom isn’t the end, just the beginning for entrepreneurs.
There’s only 3 ways to “opt out” of society, and that’s death, homelessness, or prison. Otherwise, no matter how big you fail, you have to keep limping along for a long time to get back to a state of relative recovery and normalcy. Rock bottom isn’t the end, just the beginning for entrepreneurs.
Posted on 11/13/20 at 2:05 pm to kingbob
quote:
Yes, I too look forward to losing yet another year of my late 20’s while I sit at home alone feeling hopeless, alone, and trapped in an endless loop of isolation, depression, frantic failed attempts at self-improvement, coping through over-indulgence, and self-pity that has consumed my life as all of my hobbies and social activities have been canceled and all potential avenues for career mobility and/or advancement have been stripped.
I will continue to persist, begrudgingly, as I always have: looking forward to a better future that will never arrive, while doing anything possible to escape from my present, thus insuring the future is always more of the same.
Damn bro, nobody has ever needed to watch this band jamming than you do right now
Posted on 11/13/20 at 2:06 pm to Ross
quote:
You have no clue what you are talking about, and that’s being nice.
In your opinion, what would justify the current level of government interference? Frame it however you like.
Posted on 11/13/20 at 2:20 pm to SlowFlowPro
That shitte was fiya, but it reminds me of how my band got absolutely screwed the f$&knover by covid and how we could have been on tour right now 
Posted on 11/13/20 at 2:23 pm to kingbob
if your band doesn't rock a shamisen you ain't shite, bub
Posted on 11/13/20 at 2:23 pm to TexasTiger08
Boo hoo hoo
Posted on 11/13/20 at 2:24 pm to SlowFlowPro
quote:
if your band doesn't rock a shamisen you ain't shite, bub
Fair
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