Capitalism will save this world


Hoid
#2851
OPEC+ agrees to 10% production cut.

Brief rally followed by "m'eh"

Do I hear 20%?
 
Walter
+2
#2852
Quote: Originally Posted by Twin_Moose View Post

Still holes in it that allow certain sects not having to pay into it, that would make it fair

The only fair tax is a consumption tax.
 
petros
+1 / -1
#2853
There are no fair taxes.
 
Walter
+1
#2854
Quote: Originally Posted by petros View Post

There are no fair taxes.

Consumption tax is fair. You pay tax only on what you buy or use.
 
captain morgan
+2
#2855
Quote: Originally Posted by petros View Post

What is Socialist about selling bonds to US banks? Socialists would sell the bonds to CDN people first, CDN banks second and then foreign markets. Morneau ran straight to the booming US for money. Trump money.


We'll see how it fleshes out.


The USD is, in my eye, overvalued... Crappy that Morneau borrowed when the USD is high, BUT if the greenback falls, he'll be paying back the debt in cheaper money
 
Cliffy
-1
#2856
Coronavirus didn't bring the economy down — 40 years of greed and corporate malfeasance did

More: https://www.businessinsider.com/pitc...reed-is-2020-4
 
captain morgan
+2
#2857
So, the socialist and communist countries will be free from any negatives from coronavirus?


Gotcha
 
pgs
#2858
Quote: Originally Posted by captain morgan View Post

We'll see how it fleshes out.


The USD is, in my eye, overvalued... Crappy that Morneau borrowed when the USD is high, BUT if the greenback falls, he'll be paying back the debt in cheaper money

What countries currency can stand up to the dollar at the present time ? Germany maybe but they are held back by the E.U. Britain has value but cannot compete with America , which leaves China and India both potentially rich countries but have a long way to go . I wouldn’t bet against the greenback on the short term .
 
Twin_Moose
+1
#2859
Quote: Originally Posted by Hoid View Post

OPEC+ agrees to 10% production cut.
Brief rally followed by "m'eh"
Do I hear 20%?

Canada already has 17% production cut in place. Real production cut world wide is expected to be 20 Billion barrels/day in the first few months.
 
captain morgan
+1
#2860
Quote: Originally Posted by pgs View Post

What countries currency can stand up to the dollar at the present time ? Germany maybe but they are held back by the E.U. Britain has value but cannot compete with America , which leaves China and India both potentially rich countries but have a long way to go . I wouldn’t bet against the greenback on the short term .


Agree in the short term, but the USD is a house of cards since Obama engaged his program of Quantitative Easing... it wouldn't take much for the stability of that currency to be crashed
 
petros
+2
#2861
Quote: Originally Posted by captain morgan View Post

We'll see how it fleshes out.
The USD is, in my eye, overvalued... Crappy that Morneau borrowed when the USD is high, BUT if the greenback falls, he'll be paying back the debt in cheaper money

At least he didnt go running to Shanghai.
 
Avro52
#2862
Quote: Originally Posted by Hoid View Post

here's another way that capitalism is saving us all.
in American about half of the people get their healthcare through their work.
so once they lose their jobs they lose their healthcare.
then they have to go through something like an Obamacare exchange and buy new insurance from the same company for more money.
that is capitalism at work.


Sad truth is some people are finding the prices in the exchanges to high likely from the gutting the Trump admin has done.

I thought he was going to fix healthcare during infrastructure week while building a 2500 mile wall that Mexico was paying for in conjunction with eliminating the debt.

Oh well.
 
petros
+3
#2863
Quote:

in American about half of the people get their healthcare through their work.
so once they lose their jobs they lose their healthcare...

Just like here. Weird huh?
 
Cliffy
#2864
 
pgs
+2
#2865
Quote: Originally Posted by Cliffy View Post

Yes Cliffy we all know there is only so much to go around . Simpleton .
 
Walter
#2866
Quote: Originally Posted by Cliffy View Post

Prog shit.
 
Walter
+1
#2867
Quote: Originally Posted by Cliffy View Post

Capitalism will make more chairs.
 
pgs
+3
#2868
Quote: Originally Posted by Walter View Post

Capitalism will make more chairs.

Many more chairs . Enough for everyone and more to sell elsewhere . Simpletons can not understand such concepts .
 
taxslave
+1
#2869
Quote: Originally Posted by Walter View Post

Capitalism will make more chairs.

Socialism will hord them in government warehouses so there will never be enough to go around.
 
petros
+1
#2870
Proletariat trying to get a seat in the politburo.
 
Hoid
#2871
Right now big government is paying for everything because capitalism broke. Again.
 
Hoid
#2872
Oh look.

Capitalism is saving the world

11:36 am CST 20/04/2020

WTI Crude
2.730 -85.06%
 
Avro52
#2873
Quote: Originally Posted by Hoid View Post

Right now big government is paying for everything because capitalism broke. Again.

Capitalism funds government.
 
Avro52
#2874
Quote: Originally Posted by Hoid View Post

Oh look.
Capitalism is saving the world
11:36 am CST 20/04/2020
WTI Crude
2.730 -85.06%

Time to buy.
 
Hoid
#2875
More tesla.
 
Tecumsehsbones
+1
#2876
Quote: Originally Posted by Hoid View Post

More tesla.

More cowbell.
 
gerryh
#2877
Can always use more cowbell.
 
Hoid
#2878
Trudeau announces $9 billion for student relief.

They will be getting $1,250 a month May to August.

That will pay the rent and leave some left over for tuna melts

way to go capitalism.
 
captain morgan
#2879
Quote: Originally Posted by Cliffy View Post

Ironic in that it's buddy in the green shirt that is the socialist... Loses the chair and follows-up by stealing and later destroying the chair... No doubt, has goes cap-in-had to capitalists to beg for a chair (for humanitarian reasons an all)
 
Avro52
#2880
If my house is ever on fire I wont let the fire fighters put it out because socialism.
 

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