Happy thread :)

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DIY-HP-LED

DIY-HP-LED

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hanimmal said:
So the wealth disparity is not as bad with your super rich as America because of the crumbs your social safety net?


So you think they would trust the Chinese monetary system instead? I think that there is danger of our economy having a negative impact on other nations and do appreciate that our Federal Reserve System is as stable as it is, otherwise it would be devastating for everyone. It is a shame that the Republicans are playing chicken with our debt atm, but as for the 'dollar collapsing' because everyone dumps their reserves, it would really be other nations screwing themselves to try to get our dollar to devalue a few percent.


lmao I don't know if you understand how long term debt works. Those interest rates that we are paying on those set in stone 30 year bond repayments are not something that is something that would make much sense with your statement.

Why would we have to nuke them when our treasury could just print the money we owe them? It would cause a little inflation, but that is something that the mega wealthy that buy the American debt (which is vastly bought by American entities) understand when they buy them. lol 'own your ass' when they have under 5% of our debt.

It is an investment, if they are stupid enough to try to tank our economy it would just screw them more.

I might do that too, but I really love growing outdoors. And think adding mushrooms to my garden is something I would really enjoy doing.
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We have the same issues with wealth disparity and the best way to deal with it are social programs and tax policy. If we taxed our wealthy, they would move to America, Canada taxes on the bases of residency, not citizenship.

Another republican government could mean economic disaster, they don't want or care about governing. There has already been talk of an alternate currency to the US dollar, nothing is cast in stone. Long term debt can be defaulted on too, inflation will probably be low, all those billionaires need a profit and investment opportunities, more money is chasing fewer opportunities. Countries have been known to make war to get out from under debt in the past. China is going to be a challenge, their problem now is choking on their own corruption and cronyism. No one will try to tank the US economy, it will do that on it's own with republican management, remember they are crazy now and the current crop will be gone soon, replaced by even more psychopaths and narcists.

America is not out of the woods yet, if you make it politically, you will make it economically. American racism has fucked everybody in the western world, better the money be wasted than the brown folks get some, healthcare is communism remember, cause the brown people might get some. The entire economic, social, healthcare and education system, is warped by this racist driven libertarianism of those who don't want to form a sharing community with the other. It's driven tens of millions into a covid suicide cult FFS and the difference in the vaxx rates tracks the political map perfectly. Also the difference in vaxx rates between America and Canada reflect this mass stupidity and tribalism. Trump was POTUS for a reason and the reason was racism alone, everything else was smoke and mirrors.
 
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hanimmal

hanimmal

Well-Known Member
DIY-HP-LED said:
We have the same issues with wealth disparity and the best way to deal with it are social programs and tax policy. If we taxed our wealthy, they would move to America, Canada taxes on the bases of residency, not citizenship.
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That is the same excuse the Republicans like to give as to why we can't tax our wealthy too.

DIY-HP-LED said:
Another republican government could mean economic disaster, they don't want or care about governing.
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It has been inevitable that anytime that the Republicans get power in DC that they cause a economic collapse, so it is hard to disagree.

The Democrats would suck it up if they were out of power and help them bail out the country every time it was needed after the Republicans make a mess, is the difference.

DIY-HP-LED said:
There has already been talk of an alternate currency to the US dollar, nothing is cast in stone.
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There already are hundreds of alternatives to the US dollar. It is just ours is by far the most stable and unable to be screwed with due to political whims.

It is why Trump was so pissed at the Fed, and why they get trolled so hard by the propagandists for decades.


DIY-HP-LED said:
Long term debt can be defaulted on too,
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Only if politicians stupidly decide to. The Republicans know that the Democrats can do it solo and are using that to try to score political points. But as for the money to pay them back, since the treasury is able to print the money needed to pay those government debts, it is not a problem to pay them back, because they can just print what is needed to pay back those loans.

DIY-HP-LED said:
inflation will probably be low, all those billionaires need a profit and investment opportunities, more money is chasing fewer opportunities.
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Inflation will be relatively stable once we are outside of the impacts of this pandemic. I disagree about the 'fewer opportunities', and am not sure how you are making that leap.

DIY-HP-LED said:
Countries have been known to make war to get out from under debt in the past.
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Sure, and slaughter the bankers that they owe. It is nice to not be on the gold standard BS for many reasons.

DIY-HP-LED said:
China is going to be a challenge, their problem now is choking on their own corruption and cronyism.
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Yeah and that 'one child' thing didn't help. But I am rooting for them, hopefully they will figure out how to not be afraid of their own people.

DIY-HP-LED said:
No one will try to tank the US economy, it will do that on it's own with republican management, remember they are crazy now and the current crop will be gone soon, replaced by even more psychopaths and narcists.
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I would suggest that no one group/person/nation has enough money to try to tank our economy fully. And they are not going to risk losing everything to do it. They can hurt it playing politics, but I am hopeful that you are right with them being replaced soon, although I think it would be more likely that they wake up and start electing more sane people.

DIY-HP-LED said:
America is not out of the woods yet, if you make it politically, you will make it economically. American racism has fucked everybody in the western world, better the money be wasted than the brown folks get some, healthcare is communism remember, cause the brown people might get some. The entire economic, social, healthcare and education system, is warped by this racist driven libertarianism of those who don't want to form a sharing community with the other. It's driven tens of millions into a covid suicide cult FFS and the difference in the vaxx rates tracks the political map perfectly. Also the difference in vaxx rates between America and Canada reflect this mass stupidity and tribalism. Trump was POTUS for a reason and the reason was racism alone, everything else was smoke and mirrors.
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We will see.

It sucks that it was hacked and joined up with the chauvinist agenda in 2016 to scam Trump into office, but we got it right the last couple elections and people are onto the propaganda warfare that the Republicans have been using after the Russian military snuck Trump in and his dumbs exposed the whole con.
 
injinji

injinji

Well-Known Member
CunningCanuk said:
I know there are a few F1 fans here. I watched this on Netflix the other day. Excellent documentary.

Michael Schumacher told manager why he kept his health private: 'I'm disappearing' | World | News | Express.co.uk

MICHAEL SCHUMACHER told his manager, Sabine Kehm, why his health situation is private following the Formula 1 legend's skiing accident in 2013.
www.express.co.uk www.express.co.uk
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At this point it's hard to say if Mick is any good or not. I mean he is driving for Haas. But all the older drivers haven taken him under their wings. And he has money, so he will move up to a better team soon.
 
rkymtnman

rkymtnman

Well-Known Member
CunningCanuk said:
I know there are a few F1 fans here. I watched this on Netflix the other day. Excellent documentary.

Michael Schumacher told manager why he kept his health private: 'I'm disappearing' | World | News | Express.co.uk

MICHAEL SCHUMACHER told his manager, Sabine Kehm, why his health situation is private following the Formula 1 legend's skiing accident in 2013.
www.express.co.uk www.express.co.uk
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i'm hanging on to being a F1 fan by a thread right now. that rain delay, 4 laps under SC and then a Max victory was absolute bull shit a few weeks ago at Spa.

try to find the MotoGP race from Italy a few weeks ago and just watch the first 5 laps or so. you'll be converted!
 
injinji

injinji

Well-Known Member
rkymtnman said:
i'm hanging on to being a F1 fan by a thread right now. that rain delay, 4 laps under SC and then a Max victory was absolute bull shit a few weeks ago at Spa.

try to find the MotoGP race from Italy a few weeks ago and just watch the first 5 laps or so. you'll be converted!
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I felt really bad about telling you to watch that one. I've been watching about 20 years, and that was a first for me.
 
rkymtnman

rkymtnman

Well-Known Member
injinji said:
I felt really bad about telling you to watch that one. I've been watching about 20 years, and that was a first for me.
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no problem, i've been watching for about 20 yrs myself. getting less and less though over the last few years.

quick story about my first F1 experience: over in germany setting up for a trade show and i had to work sunday since it started monday. 2pm and pretty much everybody disappears. i ask some swedish guys what was going on and they say race is starting. i was clueless. but then they start wheeling in crates of beer and a huge TV was setup too. this was when schumi was at his peak too (either 1999 or 2000 IIRC).

i'd almost rather a race be in the rain. seems like it brings the better drivers out IMO. alonso, hamiltion, kimi were really good wet drivers
 
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