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March 25th, 2020, 02:49 PM
#1
This is where my mind wanders,
When thinking about the aftershock. The summer/fall.
Stuff like this. And don't forget the numbers, ( I'm a numbers guy so can't help it). The "20%" club is only 20%. There's 8 more people in 10 far worse off........And if the snowball gets going, the few are going to rue it. Just think about real estate in the GTA the last 10 years...since 08.
Nothing from the feds about seasonal workers that get through winter and look forward to April. And the job market.......
Nothing about who knows how many people...countless, that may not go back to work because $35,000/year isn't worth getting Covid and killing their spouse/child/mother, etc.
[COLOR=#1D2129]Across income levels, the numbers stay mostly the same. About 44 per cent of households making under $25,000 per year have experienced some type of job loss, which is the same as households making between $100,000 to $149,000 per year. Hardest hit are households making between $25,000 and $49,000 per year, where 48 per cent have experienced some type of job loss.
https://nationalpost.com/news/nearly...lds-have-lost-
Last edited by JBen; March 25th, 2020 at 02:52 PM.
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March 25th, 2020 02:49 PM
# ADS
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March 25th, 2020, 03:55 PM
#2
It's pretty easy for the PEEM to come up with billions when,in reality,not one dime will ever appear. They have a very long history of style over substance.
If a tree falls on your ex in the woods and nobody hears it,you should probably still get rid of your chainsaw. Just sayin'....
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March 25th, 2020, 05:27 PM
#3
Yet markets up second day in a row????nothing makes sense anymore.
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March 25th, 2020, 06:14 PM
#4

Originally Posted by
huntervinni
Yet markets up second day in a row????nothing makes sense anymore.
Just imagine if they took cnn off the air markets would do fine
Watch cnn for ten minutes worlds coming to the end they are all such downers
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March 25th, 2020, 06:20 PM
#5

Originally Posted by
huntervinni
Yet markets up second day in a row????nothing makes sense anymore.
Trump announced that the US would be back in business by easter, lets see how that plays out.
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March 25th, 2020, 06:22 PM
#6
Personally I wouldn’t watch the markets.
Fords announced this years budget.
-small amount for people with kids under 12
-3.3 billion to help pay the medical bill
- 1 billion set aside as emergency reserve
-Deficit to grow to 20b from 9b
-Predict zero economic growth for 2020.
The last is optimist imo. Most economist are think we’ll lose 4-5% GDP. Which means the deficit is going to be far higher when revenue doesn’t meet their forecast.
So much I might say about the past....and who is paying the prices. I pray things don’t South too much.
Last edited by JBen; March 25th, 2020 at 06:26 PM.
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March 26th, 2020, 11:08 AM
#7
And thier taken in 50% less tax money
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March 26th, 2020, 12:55 PM
#8
The federal and provincial governments of this country are falling all over themselves to show that they're doing all they can to mitigate the financial damage from Covid-19. After there's a complete accounting when this virus subsides and the financial fallout is calculated,I doubt there'll be enough money left to have a wienie roast.
If a tree falls on your ex in the woods and nobody hears it,you should probably still get rid of your chainsaw. Just sayin'....
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March 26th, 2020, 12:58 PM
#9
Western civilization is not meant to stay home.....industry must continue in order for us to thrive and get by. Why do you think Trump said everyone in church for Easter?? Life must move beyond this and we must get back to business.
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March 26th, 2020, 04:13 PM
#10

Originally Posted by
fishermccann
Trump announced that the US would be back in business by easter, lets see how that plays out.
He said he'd like to see people going back to work and things to be over by easter, but it could be longer.
Take the warning labels off. Darwin will solve the problem.