CX allowed to continue cutting flights
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And this process repeats itself over and over and over...
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AKA how the West destroys itself without a single shot having to be fired by its enemies. For being so “enlightened” and “scientific”, we sure are dumb!
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Oh, that’s right. The West.
Its not a pandemic or our reaction to it that will affect future generations. It’s our greed using borrowed money to provide a lifestyle we couldn’t afford unless we used the future to pay for it.
2008/2009 should have been the bust that always follows the boom in a truly capitalist system. Instead we borrowed and printed billions in an effort to avoid a massive downturn a decade ago. But we didn’t avoid it, we just kicked the can down the road for a few years while turning ourselves into a global version of Zimbabwe (except instead of inflating the price of a loaf of bread we inflated asset prices).
This time we’re printing trillions.
Enlightened and scientific?
Who on earth thinks the West is enlightened or scientific?
Oh, that’s right. The West.
Its not a pandemic or our reaction to it that will affect future generations. It’s our greed using borrowed money to provide a lifestyle we couldn’t afford unless we used the future to pay for it.
2008/2009 should have been the bust that always follows the boom in a truly capitalist system. Instead we borrowed and printed billions in an effort to avoid a massive downturn a decade ago. But we didn’t avoid it, we just kicked the can down the road for a few years while turning ourselves into a global version of Zimbabwe (except instead of inflating the price of a loaf of bread we inflated asset prices).
This time we’re printing trillions.
Enlightened and scientific?
Oh, that’s right. The West.
Its not a pandemic or our reaction to it that will affect future generations. It’s our greed using borrowed money to provide a lifestyle we couldn’t afford unless we used the future to pay for it.
2008/2009 should have been the bust that always follows the boom in a truly capitalist system. Instead we borrowed and printed billions in an effort to avoid a massive downturn a decade ago. But we didn’t avoid it, we just kicked the can down the road for a few years while turning ourselves into a global version of Zimbabwe (except instead of inflating the price of a loaf of bread we inflated asset prices).
This time we’re printing trillions.
Enlightened and scientific?
Our immediate neighbours to the North have a pretty good handle on leveraged debt...the whole nation and it’s respective regional governments are perched on a giant Ponzi scheme.
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Good God, PW, you sound just like me!
And here's why '08 wasn't the bust it should have been: WTF happened in 1971?
And here's why '08 wasn't the bust it should have been: WTF happened in 1971?
Doubt Gordon Brown would have noticed the difference
Last edited by MENELAUS; 9th Aug 2020 at 10:53.
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It goes way beyond monetary policy. Try the diabolical obsessions with unnamed Marxism, “diversity” (but not of thought), climate change, “social justice”, etc. Nations are ignoring and rewriting history to consolidate power on the left whilst silent majorities shake their heads and toss up their hands. Capitalism, democracy, whiteness, masculinity, and traditional nuclear family values are ALL evil.
This won’t end well for anyone. The herd is stampeding towards a cliff. Many modern western countries are hurdling rapidly towards becoming banana republics. South Africa comes to mind as instructive. Arm yourselves!
This won’t end well for anyone. The herd is stampeding towards a cliff. Many modern western countries are hurdling rapidly towards becoming banana republics. South Africa comes to mind as instructive. Arm yourselves!
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It goes way beyond monetary policy. Try the diabolical obsessions with unnamed Marxism, “diversity” (but not of thought), climate change, “social justice”, etc. Nations are ignoring and rewriting history to consolidate power on the left whilst silent majorities shake their heads and toss up their hands. Capitalism, democracy, whiteness, masculinity, and traditional nuclear family values are ALL evil.
This won’t end well for anyone. The herd is stampeding towards a cliff. Many modern western countries are hurdling rapidly towards becoming banana republics. South Africa comes to mind as instructive. Arm yourselves!
This won’t end well for anyone. The herd is stampeding towards a cliff. Many modern western countries are hurdling rapidly towards becoming banana republics. South Africa comes to mind as instructive. Arm yourselves!
Any government has little real assets or money. It can borrow, tax, or print (I guess coerce at gunpoint should be in there somewhere). Shutting the place down is not without consequence and huge inefficiencies have been willy-nilly injected along with the Wes Mouches trying to outdo each other by useless illegal draconian edicts creating a non working masked up faceless society of robots told to hide under the bed from life. With an assortment of self-righteous Karens taking up the role of communist party intermediates. Tax revenues will be way down and non-existant, borrowing is out of the question because there are few to borrow from with all the WuFlu insanity. Which leaves printing. It’s almost out of a dystopian novel. With Marxism waiting in the wings.
The WuFlu has been exploited in just about every way imaginable with total disregard for opportunity costs. While at the same time elements of the US are going full up Marxist dragging the usual suspects of dupes, drones, and useful idiots along for the ride.
I’d have somewhere defensible to go and a way to get there. This never ends well.
Last edited by Slasher1; 9th Aug 2020 at 15:21.
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It goes way beyond monetary policy. Try the diabolical obsessions with unnamed Marxism, “diversity” (but not of thought), climate change, “social justice”, etc. Nations are ignoring and rewriting history to consolidate power on the left whilst silent majorities shake their heads and toss up their hands. Capitalism, democracy, whiteness, masculinity, and traditional nuclear family values are ALL evil.
This won’t end well for anyone. The herd is stampeding towards a cliff. Many modern western countries are hurdling rapidly towards becoming banana republics. South Africa comes to mind as instructive. Arm yourselves!
This won’t end well for anyone. The herd is stampeding towards a cliff. Many modern western countries are hurdling rapidly towards becoming banana republics. South Africa comes to mind as instructive. Arm yourselves!
All the virus has done is halt the digging. It’ll be interesting to see if the trillions actually does succeed in digging a deeper hole. But it’s simply academic. The result will be the same regardless.
Globocnik,
I’m not arguing the West has a monopoly on greed and stupidity. The point being their reaction to the virus is not an aberration but is a perfectly consistent action.
I’m not sure how anyone seeing the reaction to 9-11 or the GFC can be surprised by the current situation. It’s not for me to say it’s right or wrong, it’s just consistent.
Last edited by Progress Wanchai; 9th Aug 2020 at 18:09.
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