82 billion dollars

[fishermccann]

Well, that's all fine and dandy, why not scrap the crap CBC and split that billion between Canadians for the next ten years? What did the CBC do to earn that? Work for it? Not so much.

There's a whole lot of fingers that can be pointed. Its futile.

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Divide 35 million into 1 billion. So each Canadian gets almost 28 dollars, divided by 10 years, well here is your 2.80 a year to do what you want with

[JBen]

Good read.

https://www.latimes.com/business/sto...falls-warnings

and who benefitted from share buybacks. Shareholders.

those that have 10s, or hundreds of thousands in the markets...

the 20%
like Fisher Mcann

[fishermccann]

I know no one will feel sorry for me. That money that I invested,which is now 25% gone, I worked to earn. I lost the price of a nice Porsche in the past 3-4 weeks. Do I feel sorry for myself, no, because I will not loose my house like many will. I always appreciate what I have.

[trimmer21]

I know no one will feel sorry for me. That money that I invested,which is now 25% gone, I worked to earn. I lost the price of a nice Porsche in the past 3-4 weeks. Do I feel sorry for myself, no, because I will not loose my house like many will. I always appreciate what I have.

That's the key,though,not having a mortgage or being balls deep in debt. The 25% we lost in the last two weeks will eventually return to normal as long as we don't panic. For some who still have some liquidity can see the glass as half full. When stocks hit a low,buy as much as you can,then,sit back and wait. Recessions or "corrections" as some call them can be very lucrative with the right mindset.

[js4fn]

I know no one will feel sorry for me. That money that I invested,which is now 25% gone, I worked to earn. I lost the price of a nice Porsche in the past 3-4 weeks. Do I feel sorry for myself, no, because I will not loose my house like many will. I always appreciate what I have.

Hate to say it but I look at my investments last night I’m down 4 of your Porsche

When I started out I was paying 22% interest yeah I earn what I have pretty much destroyed my body getting it too

[rick_iles]

It’s best not to even look !!!

[JBen]

G, that does not change the fact you are part of the problem. And how many G's are there ( 20% of the population) with X tucked away in pensions, in RSPS etc. Whats that doing for the economy? Squat, thats what.

You gripe about the 1%...They are only 1% of the population. They earned their money too..Curious G, over the years have your investments doubled? Tripled? You gripe about corporate greed. Ok
Give all your money back to the peons, its doubled, tripled thanks to corporate profits....
Give a lot of RSP money back to. You've received nice tax breaks from those....taking from the peons....
and on
and on
and on

Trimmer:
How many people don't have 100k in savings. or very, very little. How many of them are under 5 or 10 years from retirement. They don't have time...

and on
and on
and on

[fishermccann]

Yes JB they are only 1% of the population. The problem is they have 90% of the wealth. I am for balance. Our family gave up nice cars , extravagant vacations, we are on basic cable and cell phone plans, to enable us to make those investments, for the future. We had some foresight, looked to and planed for the future and did not spend money in the 'now'. How am I part of the problem? By being responsible?

[JBen]

Great, your all for balance. Im for addressing the growing wealth gap, and while the 1% are obscene. That wealth gap is between the upper and middle class. The 20% and everyone else....This is inarguable..Worded differently your no different than the 1%ers.

though there is a very slim possibility this time around it's too late, and its going to bite you and all the other haves in ....

Finally. Thankfully

As you said "Marie Antoinette" per se. Except its going to hurt you in the way that matters. Your pocket book. A couple economist I still read occasionally ( at times like these, Alberta). This has the potential ( stress that word) to make 2008 look like childs play.

Your answer isn't figuring out how to give them more cake, your answer is anyone but me. per se.

Another clue, your part of the problem?
You've been watching the market value of your RSPs. Compared your losses to the value of a Porche.....
Me? I haven't looked to be honest. I know better.

[js4fn]

It’s best not to even look !!!

My quick look last night must have boosted Bayer stocks