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Search: Posts Made By: torvalds
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3rd Apr 2020, 21:51
Replies: 167
Views: 71,854
Posted By torvalds

The chancellor doesn't want to bail them out...

The chancellor doesn't want to bail them out either... I guess he (and his team) knows a thing or two about this whole situation we are in right now.
An airline will be replaced by another airline...
2nd Apr 2020, 22:35
Replies: 167
Views: 71,854
Posted By torvalds

It is similar to blaming TV shows and computer...

It is similar to blaming TV shows and computer games for the violence on the streets. I see what you mean, but I believe you can not blame the medium (ie: the airline) in this situation. The issue...
1st Apr 2020, 10:16
Replies: 211
Views: 127,400
Posted By torvalds

Thanks finestkind. I am afraid you are right and...

Thanks finestkind. I am afraid you are right and it will be hard to find a study on this subject, but it is absolutely fascinating.
31st Mar 2020, 18:40
Replies: 167
Views: 71,854
Posted By torvalds

1) To let the market evolve instead of...

1) To let the market evolve instead of artificially keeping the same lot (owners/shareholders) in power for centuries.
2) To allow a natural development of the aviation business to serve a genuine...
30th Mar 2020, 14:17
Replies: 211
Views: 127,400
Posted By torvalds

You had a dream to become a pilot and you made it...

You had a dream to become a pilot and you made it happen. You can do anything else you'd like if you work really hard for it. Don't let anyone tell you otherwise
30th Mar 2020, 14:11
Replies: 211
Views: 127,400
Posted By torvalds

Why? Do you think those qualified in finance...

Why? Do you think those qualified in finance would do (did) any better? It's all fugazi. It's a whazy. It's a woozie. It's fairy dust. You just gotta feed the geese to keep the blood flowing. Anybody...
30th Mar 2020, 11:10
Replies: 167
Views: 71,854
Posted By torvalds

There are now about 40 MP's all of a sudden to...

There are now about 40 MP's all of a sudden to demand industry wide bailout. For the children of course.
The major shareholders won't let their money disappear when they can get a free ride. They...
29th Mar 2020, 22:22
Replies: 211
Views: 127,400
Posted By torvalds

Was there an increase in accidents and incidents...

Was there an increase in accidents and incidents after the PIC hour regulation's change?
Could anyone please point me to a research on this subject?
29th Mar 2020, 12:52
Replies: 211
Views: 127,400
Posted By torvalds

What's a couple of trillion between friends....

What's a couple of trillion between friends. C'mon you can't be that illiberal. Only few years before that we didn't care about the trillions disappeared from the defence budget either, so why would...
28th Mar 2020, 15:05
Replies: 211
Views: 127,400
Posted By torvalds

It is the sixth day of the restrictions and...

It is the sixth day of the restrictions and pretty much all paid for by the "free" money flow. Unlimited QE's, trillions of "stimulus", etc. Wait a bit after the free money river dries up and count...
28th Mar 2020, 13:16
Replies: 211
Views: 127,400
Posted By torvalds

Makes me wonder why do we ever resort to...

Makes me wonder why do we ever resort to austerity and why can't we just get rid of poverty once and for all? Just imagine, if the governments can "give" unlimited free money to spend, then we could...
28th Mar 2020, 11:12
Replies: 211
Views: 127,400
Posted By torvalds

Naturally everyone wants to get back on their...

Naturally everyone wants to get back on their feet right after they fell and without much delay. Even after getting wounded the adrenaline kicks in, but then again, so as reality.
28th Mar 2020, 10:24
Replies: 211
Views: 127,400
Posted By torvalds

I have never done an online course, but also have...

I have never done an online course, but also have never met a software engineer who did. I say for sure, don't waste time and money on any of the "IT" courses. All of them are worthless (don't know...
26th Mar 2020, 12:56
Replies: 167
Views: 71,854
Posted By torvalds

Thank you for providing clarity on this matter. ...

Thank you for providing clarity on this matter.
Does it mean it could've been done?

I've noticed that you mentioned earlier (and now) the pension funds. Does it mean I can choose now any random...
25th Mar 2020, 21:09
Replies: 167
Views: 71,854
Posted By torvalds

Absolutely correct and by law, they could summon...

Absolutely correct and by law, they could summon a meeting of the board and decide on a bail-in (of the paid dividend).
25th Mar 2020, 20:49
Replies: 167
Views: 71,854
Posted By torvalds

Sorry I sure didn't want to hurt your feelings....

Sorry I sure didn't want to hurt your feelings. Some of your neighbour lost their job (recession), or you (depression)?
Our (UK) chancellor doesn't want to bail them out either? What you think he...
25th Mar 2020, 17:21
Replies: 640
Views: 542,454
Posted By torvalds

and the global economy was made to appear healthy...

and the global economy was made to appear healthy despite QE + low rates. It is not healthy when you have negative (in real term) interest rates. It means there can not be paid any interest on your...
25th Mar 2020, 16:53
Replies: 167
Views: 71,854
Posted By torvalds

Hence throwing cash at companies in this...

Hence throwing cash at companies in this situation is not a solution. Currently we don't know when are things going back to normal. Therefore it can not be called bridging loan, but a high risk...
25th Mar 2020, 15:50
Replies: 167
Views: 71,854
Posted By torvalds

The game stopped in 1971. Since then we have this...

The game stopped in 1971. Since then we have this funny-money (FIAT) and more recently only digits on computer screens. This accelerated (and made easier) the wealth extraction/transfer. Braking...
25th Mar 2020, 15:26
Replies: 167
Views: 71,854
Posted By torvalds

Exactly that is my issue here. If a bank (what is...

Exactly that is my issue here. If a bank (what is an expert in analysing risks and business finances -and it operates in the private sector) doesn't find a company to be worthy of a loan, then why...
25th Mar 2020, 14:00
Replies: 167
Views: 71,854
Posted By torvalds

That's what aviation needs, government ownership....

That's what aviation needs, government ownership. That will save our jobs and will give us job security. Make the airlines too big to fail. And why stop there, make/designate everything too big/too...
25th Mar 2020, 13:39
Replies: 167
Views: 71,854
Posted By torvalds

Could these companies turn to the banks on their...

Could these companies turn to the banks on their own initiative and ask them directly for these loans?
25th Mar 2020, 12:32
Replies: 167
Views: 71,854
Posted By torvalds

It is time to cut the umbilical cord. It is...

It is time to cut the umbilical cord. It is called private *business* for a reason. Free market (real capitalism) has to sort itself out. No more of this routine bailout mentality needed.
25th Mar 2020, 11:31
Replies: 640
Views: 542,454
Posted By torvalds

There was plenty of other nonsense in that...

There was plenty of other nonsense in that post...



And that is exactly what they did again. QE for infinity and beyond!

{TLTR}

~2 trillions(!) in the US alone so far. This time they...
24th Mar 2020, 21:32
Replies: 640
Views: 542,454
Posted By torvalds

No longer worried about Russia? What's happened?...

No longer worried about Russia? What's happened? I am devastated. If we worried about Iran and China then darn sure we must worry about Russia!
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