bug
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Post by bug on Oct 6, 2022 17:09:58 GMT 10
It doesn't matter how good things are. There will always be people who will borrow too much and spend too much, then start bleating when the slightest thing goes wrong.
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tactile
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Post by tactile on Oct 6, 2022 17:37:09 GMT 10
Problem is people get desperate and in that desperation vote in populist leaders. Next thing you know, we have nut-bag leaders in charge. Italy anyone?
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tactile
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Post by tactile on Oct 7, 2022 14:45:22 GMT 10
Interesting video if you have the time, on the situation on the ground in Europe. Interesting how many countries are in trouble in the Euro zone now...not just the PIGS. Germany is in a world of pain if they don't sources a cheap source of energy SOON. France's position is bigger than I thought...
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frostbite
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Post by frostbite on Oct 7, 2022 15:11:45 GMT 10
If those two liberal latte sipping, smashed avo eating metros are indicative of your average European, then no wonder they are going down the toilet. Like look how much product those two gender confused have in their hair. I bet they have manicured nails too, and pictures of Macron (correctly spelt Maricon) on their bedroom wall.
What Europe needs is a major reset, and not the one fatboy Schwab has in mind. A reset where all the bleeding heart liberals are thrown out of office, hung from lamp posts, and replaced by nationalists who will dump the EU, UN and World Bank puppet masters, send all the African and Middle Eastern economic refugees back to the cesspit they came from, and tell Nato that they aren't run by a rambling dotard figurehead from the planet's biggest third world $h1thole.
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tactile
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Post by tactile on Oct 7, 2022 16:54:30 GMT 10
Someone needs a nap.
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frostbite
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Post by frostbite on Oct 7, 2022 17:49:12 GMT 10
Or another glass of whisky.
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bug
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Post by bug on Oct 8, 2022 9:21:28 GMT 10
Being dependent on a polluting source of fuel, then suffering when it goes away. Karma.
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tactile
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Post by tactile on Oct 8, 2022 9:31:32 GMT 10
If you could possibly force yourself to see past all the overtly gay perversions of the two guys in that video, you might find the a few nuggets of information to take home. The most important one I took was that they think that governments will have to guarantee new loans for banks to circumvent the rising risk of new credit. I could see this happening the more I think about it.
So here in AU we have a government guarantee on bank deposits - within certain limits. Imagine the the gov. guaranteeing your loan as well? Except they will be protecting the banks not you. I can see the whole world doing this to kick the can down the road even further and when things fall apart (if they ever do) then it will be heaps worse because the government will go down with it - guaranteed! That's my view on it anyway.
It also might be an underhanded way for governments to nationalise everything...when it all collapses (if ever) then they will own everything.
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malewithatail
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Post by malewithatail on Oct 8, 2022 9:56:27 GMT 10
"It also might be an underhanded way for governments to nationalise everything...when it all collapses (if ever) then they will own everything. "
Thats the aim, to own you as well. "You will own nothing and you will be happy...comrade"
We are not human beings having a spiritual experience. We are spiritual beings having a human experience
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frostbite
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Post by frostbite on Oct 8, 2022 10:07:13 GMT 10
If you could possibly force yourself to see past all the overtly gay perversions of the two guys in that video, you might find the a few nuggets of information to take home. The most important one I took was that they think that governments will have to guarantee new loans for banks to circumvent the rising risk of new credit. I could see this happening the more I think about it.
So here in AU we have a government guarantee on bank deposits - within certain limits. Imagine the the gov. guaranteeing your loan as well? Except they will be protecting the banks not you. I can see the whole world doing this to kick the can down the road even further and when things fall apart (if the ever do) then it will be heaps worse because the government will go down with it - guaranteed! That's my view on it anyway.
It also might be an underhanded way for governments to nationalise everything...when it all collapses (if ever) then they will own everything.
I don't have any debt, so no nuggets for me to take home. I am a little concerned that my savings keep growing, so I've been increasing my cash stash, which now sits at over $20k), and I will keep my bank savings well under the govt guaranteed limit. Crypto is too volatile, and the thousands I have in precious metals is for reloading, not investment. So no good info from those two perversions for me.
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tactile
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Post by tactile on Oct 8, 2022 11:12:42 GMT 10
You know the Gov. guarantee isn't real right? The government can decide on a bail-in and let the bank take your money...just like in Greece etc.
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frostbite
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Post by frostbite on Oct 8, 2022 12:35:17 GMT 10
You know the Gov. guarantee isn't real right? The government can decide on a bail-in and let the bank take your money...just like in Greece etc. Which is why my bank savings are only about 2% of my total wealth. Two thirds of my wealth is stored in real estate, half of which is my two rural retreats.
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malewithatail
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Post by malewithatail on Oct 8, 2022 13:48:13 GMT 10
A little crypto is a hedge, we've got some, not to rely on, but just in case.
Our resources are going in making the farm more resilient against the day that it all breaks down. Buying stuff is our investment in the future for our kids and ourselves.
Success is the sum of small efforts - repeated day in and day out.
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frostbite
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Post by frostbite on Oct 8, 2022 15:23:43 GMT 10
A little crypto is a hedge, we've got some, not to rely on, but just in case. Our resources are going in making the farm more resilient against the day that it all breaks down. Buying stuff is our investment in the future for our kids and ourselves. Success is the sum of small efforts - repeated day in and day out. I'm slowly doing the same. Recently put $6k into upgrades on the private road into my retreat and $2500 on a lithium battery for the solar panels. Next will probably be more water tanks and perhaps a second cabin.
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malewithatail
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Post by malewithatail on Oct 8, 2022 15:54:18 GMT 10
Not too concerned re the driveway, as its ok now, and WTSHTF a rough drive and a few trees across it will be a good deterrent.
I spent nearly $12 K on 2 X 24 volt, 400 amp hour lithium battery's for 2 new dwellings here. Add $20 K on more water tanks and other gear. No use in the bank when they collapse and the Govt takes it.
Now consolidating the farm, gardens, soil and furtalisers, machinery maintenance and so on. Add spare solar panels, battery's and inverters into the mix.
We have art in order not to die of the truth.
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