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Forum gossip thread
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Re: Forum gossip thread by James Bond
Started by Anonymous, January 06, 2020, 08:41:46 PM
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Quote from: "seoulbro"I'm not worried about the stock market, that's a long term..Quote from: "Fashionista"
I'm worried about people losing their jobs.
And you are absolutely right. You won't touch your mutual funds in your RRSP's until you retire, which for you and your husband is a long way off.
The problem with COVID-19 is that all the ways we use to slow the spread of it also cause economic damage and mass unemployment. The more shut downs and cancellations that are announced, more people lose their jobs.
From the peak that would represent a thirty five per cent increase or two per cent and change. Now good stocks will be a lot higher than that, but one third from the high seems too low. I would expect the TSX at least 25,000 and the Dow and Hang Seng over 50 grand by 2035. Since its inception on May 26, 1896, the Dow Jones average rate of return each year has been 5.42 percent.Quote from: "Herman"
Quote from: "Herman"Quote from: "seoulbro"I'm not worried about the stock market, that's a long term..Quote from: "Fashionista"
I'm worried about people losing their jobs.
And you are absolutely right. You won't touch your mutual funds in your RRSP's until you retire, which for you and your husband is a long way off.
The problem with COVID-19 is that all the ways we use to slow the spread of it also cause economic damage and mass unemployment. The more shut downs and cancellations that are announced, more people lose their jobs.
Europe, minus the UK has all but shut down their collective economy. The US isn't far behind. Across North America casinos, restaurants, bars, movie theatres are closing meaning lost jobs.I aint ever seen anything like this over a frickin flu that is usually only lethal to really old people like Joe and really weak people like Joe.
Quote from: "Herman"Quote from: "seoulbro"I'm not worried about the stock market, that's a long term..Quote from: "Fashionista"
I'm worried about people losing their jobs.
And you are absolutely right. You won't touch your mutual funds in your RRSP's until you retire, which for you and your husband is a long way off.
The problem with COVID-19 is that all the ways we use to slow the spread of it also cause economic damage and mass unemployment. The more shut downs and cancellations that are announced, more people lose their jobs.
Europe, minus the UK has all but shut down their collective economy. The US isn't far behind. Across North America casinos, restaurants, bars, movie theatres are closing meaning lost jobs.I aint ever seen anything like this over a frickin flu that is usually only lethal to really old people like Joe and really weak people like Joe.
Quote from: "Guest"
Better give up on him and accept that a Joe Biden Presidency is comin Herm.
The US business establishment will throw Trump under a bus qnd tp the wolves, Herm.
They were really aftaid of Bernie Sanders or Elizabeth Warren but don't mind Joe Biden who is a moderate.
plus average Americans, particularly independents & conservative Democrats WILL jump ship as soon as they look at tgeir latest 401k statrments.
Trump has lost control of the situation, Herm.
And mainstream middle class America & the business establishment have given up on him & will give Trump the boot in November, I'm afraid, eh Herm?
Trump's gonna git shitcanned outta office Herm.
It blows my mind the brainwashing among TDS sufferers. China is responsible for the worldwide spread of the coronavirus when they covered it up and refused help from the WHO and CDC. Trump and Australian pm Scott Morrison are the first two Western leaders to get proactive about it. Six weeks after Trump announced flight bans, the EU finally gets around to it, two week after it is declared a pandemic and after fifty thousand people catch the virus. Who is the only leader that will lose his job because of COVID-19? One of the only leaders who was proactive about it.Quote from: "seoulbro"
Quote from: "Fashionista"It blows my mind the brainwashing among TDS sufferers. China is responsible for the worldwide spread of the coronavirus when they covered it up and refused help from the WHO and CDC. Trump and Australian pm Scott Morrison are the first two Western leaders to get proactive about it. Six weeks after Trump announced flight bans, the EU finally gets around to it, two week after it is declared a pandemic and after fifty thousand people catch the virus. Who is the only leader that will lose his job because of COVID-19? One of the only leaders who was proactive about it.Quote from: "seoulbro"
China is the most vile major economy in the world.
Quote from: "cc"Quote from: "Fashionista"It blows my mind the brainwashing among TDS sufferers. China is responsible for the worldwide spread of the coronavirus when they covered it up and refused help from the WHO and CDC. Trump and Australian pm Scott Morrison are the first two Western leaders to get proactive about it. Six weeks after Trump announced flight bans, the EU finally gets around to it, two week after it is declared a pandemic and after fifty thousand people catch the virus. Who is the only leader that will lose his job because of COVID-19? One of the only leaders who was proactive about it.Quote from: "seoulbro"
China is the most vile major economy in the world.
Agree. And we (Western Govts and industries) stupidly caused / helped it to be a power
One of the stupidest mistakes in history .. right up there with .. "Ya, nice gift... thanks ... let us help you pull in that lovely Trojan Horse"
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